Shares of cloud storage company Snowflake (SNOW) are taking off by over 25% in pre-market trading after topping third quarter estimates, posting revenue of $942.1 million and adjusted earnings of $0.20 per share.

Morning Brief hosts Seana Smith and Brad Smith report on Snowflake's Q3 performance as the software company also lifted its full-year revenue guidance.

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This post was written by Luke Carberry Mogan.