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SNOW News30 articles
Palantir Jumps 8.6% as U.S. Drives 90% of Q2 Growth
Palantir shares rose 8.6% to $169.40 as U.S. customers accounted for 90.2% of Q2 revenue growth. The company raised its 2026 forecast, signaling strong AI-driven demand.
Palantir Stock Dips as US Dominates Q2 Growth, Valuation Concerns Rise
Palantir (PLTR) shares slipped 2.3% premarket after Q2 results showed 90% of revenue growth from US clients. FY2026 outlook raised, but valuation and concentration risks weigh.
Palantir's AI Surge: U.S. Dominance Drives 29% Rally, Valuation at 48x Sales
Palantir shares jumped 29% after Q2 earnings crushed estimates, with U.S. customers driving 90% of revenue growth. Valuation now 48x 2026 sales.
Palantir's Q2 Earnings: A High-Stakes Test for Its $316B Valuation
Palantir (PLTR) faces a pivotal earnings report Monday, with options pricing a potential 10% swing. U.S. commercial revenue growth will be a key focus.
Snowflake Stock Soars on Upgraded Price Target from Wells Fargo
Snowflake shares jumped 4.9% to $283.73 after Wells Fargo boosted its price target to $500 from $320, citing AI-driven platform spending.
Palantir Surges 7% on Bullish Revenue Forecast, But Valuation Looms Large
Palantir shares rallied 7% on Monday after Oppenheimer projected second-quarter revenue growth of 84-85%, but the stock's sky-high valuation remains a key risk.
Palantir Shares Drop 7% as Valuation Concerns Mount Ahead of Earnings
Palantir Technologies (NASDAQ:PLTR) closed the week at $122.92, down 7.1%, as valuation concerns and regulatory scrutiny in the UK overshadowed strong Q1 growth.
Palantir Shares Drop 6% on Software Sector Concerns
Palantir shares slid 6% after a software sector warning raised concerns about AI spending delays, wiping out $22 billion in market value.
Palantir's $400B Valuation Nears as Earnings Test Looms on Aug 3
Palantir (PLTR) rises 2.6% as market cap nears $400B ahead of Aug 3 earnings. Revenue, margin, and dilution will test its premium AI valuation.
Palantir Plummets 8.7% in Three Days, Losing $29B in Market Cap Ahead of CPI Data
Palantir shares dropped 8.7% in three sessions, losing $29 billion in market cap, as the stock closed at $126.79 ahead of key CPI data.
DigitalOcean Surges 9% on Q2 RPO Forecast Exceeding $800 Million
DigitalOcean shares surged 9% after forecasting Q2 RPO above $800 million, a 15-fold increase year-over-year, as AI cloud demand accelerates.
Palantir Gains on First Latin American Commercial Customer GNP Seguros
Palantir (PLTR) edged up 2.1% on Tuesday after announcing GNP Seguros as its first commercial customer in Latin America, signaling international growth.
Snowflake Soars 9.65% in Heavy Russell Rebalance Volume
Snowflake (NYSE:SNOW) jumped 9.65% to $248.96 on Friday, driven by FTSE Russell's index rebalancing, with volume hitting 25.61 million shares. The gain flipped a weekly decline into a 7.2% rise from June 18.
Snowflake Jumps 9.7% on Strong AI Demand, AWS Deal
Snowflake (SNOW) shares surged 9.7% to $248.96 on Friday, adding $7.6B in market value, after the company reported strong quarterly earnings and raised its full-year outlook.
Cathie Wood's ARK Invests $52M in Snowflake, Betting on AI Cloud Growth
ARK Investment Management bought $52 million in Snowflake shares following a 33% surge driven by raised guidance and a $6 billion AWS deal, signaling a bet on AI software revenue.
ServiceNow Slides as AI Software Rally Faces Fresh Doubts
ServiceNow shares dropped nearly 6% as software stocks broadly declined, challenging the sector's AI-fueled rebound. Despite strong Q1 earnings and bullish analyst calls, concerns over valuation and deal delays persist.
Palantir Extends Rally on AI Momentum, Dell and Snowflake Results
Palantir Technologies shares climbed 3.6% in premarket Monday, adding to a 17% gain over two sessions, as AI-driven results from Dell and Snowflake fuel investor optimism.
Salesforce Shares Surge After Mixed Earnings; Focus Shifts to AI Monetization at Conferences
Salesforce stock surged 8.5% Friday after a mixed earnings report, with Q1 beats offset by soft Q2 revenue guidance. Agentforce ARR grew 205% to $1.2 billion, but bookings and cRPO missed estimates. The market now looks to upcoming tech conferences for clarity on AI monetization.
Amazon's June Prime Day and AI Spending Test $3 Trillion Market Cap
Amazon shares ended Friday lower but rose 1.6% for the week, as investors weigh an earlier Prime Day in June against surging AI spending.
Palantir Surges 9.2% as AI Optimism and Dell Deal Fuel Rally
Palantir Technologies surged 9.2% to $156.54, its best session in a year, lifting market cap near $402 billion. AI spending optimism and a Dell deal fueled the rally.
VIX Hits Four-Month Low as Wall Street Rally Continues
The VIX closed at 15.32 on Friday, its lowest in over four months, as U.S. stocks hit new records and demand for short-term options protection fell.
Workday Shares Surge 12% as AI Concerns Ease, Earnings Beat
Workday shares surged 12.45% to $146.19 after beating Q1 earnings and raising margin guidance, as AI fears recede. DevCon next week.
Atlassian Soars 26% in Holiday-Shortened Week on Cloud Strength
Atlassian shares surged 26% in a holiday-shortened week after strong quarterly results, with cloud revenue rising 29% and ARR surpassing $1 billion. The rally was part of a broader software rebound led by Snowflake and Dell.
Palantir Surges 9% as AI Software Rally Gains Momentum
Palantir shares surged 9.2% to $156.54, marking their strongest two-day rally since April 2025, fueled by strong AI-driven results from Dell and Snowflake.
Amazon Slips Despite $6 Billion AWS Deal with Snowflake; S&P 500 Hits New High
Amazon shares dropped 1.2% to $270.64 even as the S&P 500 reached a new high. A $6 billion AWS deal with Snowflake sent Snowflake shares up 33%, but Amazon's heavy AI spending dragged on free cash flow.
Zeta Global Soars 13% on AI Optimism and Options Surge
Zeta Global shares surged 13.43% Friday amid heavy call-option activity and a loyalty-data study. Q1 revenue grew 50% to $396 million, and the company lifted its 2026 revenue forecast.
Microsoft Rallies on $9.7B Pentagon Deal and AI Model Unveiling
Microsoft shares climbed over 5% to $450.24 on a $9.7B Pentagon deal and upcoming AI model launches, pushing its market value near $3.35 trillion.
Atlassian Stock Soars 15% on Renewed Software Sector Confidence
Atlassian shares jumped 15.6% to $107.85 Friday, with nearly 9.6 million shares traded, as investors shifted focus from AI disruption fears to strong peer results.
CrowdStrike Rides AI Wave to New Heights Ahead of Earnings
CrowdStrike shares climbed 6.5% as AI-driven cybersecurity demand lifts sector. Earnings report due June 3.
SoundHound AI Shares Rise Despite $300M Stock Sale Announcement
SoundHound AI shares rose 4.3% to $8.93 after announcing a $300 million stock sale program, despite a Q1 net loss of $25 million and revenue of $44.2 million.