Sprinklr Stock Surges on Fed Rate Cut Hopes

Sprinklrs stock surged by over three percent following hints of a potential interest rate cut by a Federal Reserve official, reflecting market optimism for technology companies. The companys high-value customer base grew by eighteen percent, but overall subscription revenue growth was modest. Despite mixed performance, the market welcomed the prospect of lower interest rates.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.