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SNOW News30 articles
Zscaler's Rally Fades as Fed Rate-Cut Bets Cool; Nasdaq Gains 1.4%
Zscaler's early 12% jump faded to a 2.9% gain, while the Nasdaq rose 1.4% as traders trimmed September rate-hike bets to 50.4%.
Nasdaq Rises 1.4% as Fed's Waller Signals Possible Rate Pause
The Nasdaq advanced 1.4% as Fed Governor Waller hinted at a possible pause in rate hikes. Tech stocks led gains, while yields eased.
Tech Stocks Rally as Treasury Yields Ease, Offsetting Oil Spike
The Nasdaq climbed 1.4% as lower bond yields buoyed tech stocks, offsetting pressure from $91 oil. S&P 500 and Dow also rose.
Tech-Led Rally Lifts Nasdaq 1.4% as Treasury Yields Slide
Wall Street climbed midday as lower bond yields fueled a tech-led rally. The Nasdaq gained 1.4%, while Snowflake soared 21% on strong results.
Stocks Edge Higher as Treasury Yields Dip, Offsetting Oil Price Surge
US stocks opened higher Thursday as a drop in Treasury yields helped offset the impact of $92 oil. The Nasdaq and Dow each gained 0.7% in early trading.
Small-Cap Futures Lead as Oil Retreats From $93
Russell 2000 futures advanced 0.73% as oil pulled back from $93, while S&P 500 and Nasdaq-100 futures also posted gains. Treasury yields slipped, and jobless claims ticked higher.
Oil Rally Pressures Nasdaq as Dow Holds Firm
Crude oil tops $92 a barrel, driving a wedge between the Dow and Nasdaq futures. Snowflake jumps on strong guidance, while Broadcom and NetApp slide.
Oil Surges Past $92, Tech Futures Dip as Energy Gains Outweigh AI Optimism
Crude oil climbs above $92 a barrel, erasing earlier tech gains. Snowflake jumps 24% on strong results, while Ultragenyx drops 44% after a failed trial.
Oil Rebounds Above $91; Tech Futures Cede Early Gains
Oil rebounded above $91, while tech futures gave up early gains. Snowflake surged 23% on raised outlook, but Broadcom and HPE declined on guidance concerns.
Dow Futures Edge Higher as Snowflake Soars, Broadcom Slips
Dow futures led U.S. equity markets higher in early trading, with Snowflake soaring on raised guidance and Broadcom slipping despite record results. Oil prices firmed amid geopolitical tensions.
Broadcom Forecast Misses, Tech Futures Flat, Oil Dips
Broadcom's softer forecast weighs on tech futures, while oil prices ease. S&P 500 and Nasdaq futures hold steady, gold rises 1.29%.
Snowflake Stock Soars 22% on AI Growth, Adding $24B in Value
Snowflake shares surged 22% after the company reported accelerating revenue growth and raised its full-year outlook, adding roughly $24 billion in market value.
Small Caps Lead Market Rebound as Wall Street Breaks Losing Streak
Wall Street rebounded Wednesday, ending a three-day losing streak. The Russell 2000 led gains, rising 1.1%, while Snowflake surged 22% in after-hours trading.
Small Caps Lead Wall Street Rebound as Three-Day Slide Ends
Wall Street snapped a three-day losing streak, led by small caps. The Russell 2000 jumped 1.13%, while Dell and Snowflake surged on strong results.
CrowdStrike Rally Stalls as High Valuation Meets Fal.Con Reality
CrowdStrike shares climbed 5.8% to $231, but the stock's 39x sales multiple faces a key test as Fal.Con announcements lack pricing details.
Palantir's Market Cap Soars $118B in a Week, Valuation Pressures Mount
Palantir's stock jumped 39.8% last week, adding $117.6B in market value. The company's valuation now stands at 50.7 times its updated revenue forecast.
Mixed Signals: Sensex and Nifty Diverge Amid CAS Rollout
Sensex and Nifty split as CAS confusion hits markets; Bitcoin drops after hack; US stocks rise on soft jobs data; TerraVest and Pollard Banknote slip below key averages.
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.