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The contest for AI supremacy is shifting away from foundation models and toward the data infrastructure sitting beneath them, with enterprises that have spent decades accumulating proprietary data now positioned to extract the greatest value from the technology, according to Wedbush...
Pre-Market Stock Futures: Futures are trading higher after yet another winning day for Wall Street, as all major indices finished the day higher after starting the session lower. Once again, all four indices we track for readers posted all-time highs as the AI/Data Center, Memory Chip rally continues to roll on. Healthcare and consumer stocks ... Here Are Friday’s Top Wall Street Analyst Research Calls: Best Buy, Cogent Communications, Dell Technologies, EPAM Systems, Federal Realty, Gap, Snowfl
Snowflake lifts outlook as Snowflake Intelligence and Cortex Code adoption jumps, fueling its agent enterprise push beyond warehousing.
Snowflake jumped 36% after strong earnings, upbeat AI-driven guidance and a $6 billion AWS partnership boosted growth optimism.
Generating cash is essential for any business, but not all cash-rich companies are great investments. Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Stocks rose on reports that Iran and the U.S. had reached a preliminary deal. Meanwhile, Snowflake stock surged after the cloud-software company reported strong earnings and struck a $6 billion deal with Amazon.
A number of stocks jumped in the afternoon session after Snowflake's impressive earnings results provided the clearer evidence that the "SaaSpocalypse" — a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete — had been overstated for platforms sitting at the centre of AI workflows.
Shares of voice AI technology company SoundHound AI (NASDAQ:SOUN) jumped 5.7% in the afternoon session after Snowflake's impressive earnings results provided clearer evidence that the "SaaSpocalypse" — a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete — had been overstated for platforms sitting at the centre of AI workflows.
Shares of enterprise software giant Oracle (NYSE:ORCL) jumped 6.9% in the afternoon session after Snowflake's impressive earnings results provided the clearer evidence that the "SaaSpocalypse" — a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete — had been overstated for platforms sitting at the centre of AI workflows.
A number of stocks jumped in the afternoon session after Snowflake's impressive earnings results provided clearer evidence that the "SaaSpocalypse" — a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete — had been overstated for platforms sitting at the centre of AI workflows.
Shares of e-commerce platform Shopify (NASDAQ:SHOP) jumped 6.8% in the afternoon session after Snowflake's impressive earnings results provided clearer evidence that the "SaaSpocalypse" — a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete — had been overstated for platforms sitting at the centre of AI workflows.
A number of stocks jumped in the afternoon session after Snowflake's impressive earnings results provided clearer evidence that the "SaaSpocalypse" — a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete — had been overstated for platforms sitting at the centre of AI workflows.
A number of stocks jumped in the afternoon session after Snowflake's impressive earnings results provided clearer evidence that the "SaaSpocalypse" — a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete — had been overstated for platforms sitting at the centre of AI workflows.
Shares of cloud security platform Zscaler (NASDAQ:ZS) jumped 4.7% in the afternoon session after Snowflake's impressive earnings results provided clearer evidence that the "SaaSpocalypse" — a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete — had been overstated for platforms sitting at the centre of AI workflows.
A number of stocks jumped in the afternoon session after Snowflake's impressive earnings results provided clearer evidence that the "SaaSpocalypse" — a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete — had been overstated for platforms sitting at the centre of AI workflows.
Shares of data analytics company Palantir Technologies (NASDAQ:PLTR) jumped 7.3% in the afternoon session after SaaS peer Snowflake reported impressive first quarter results.
Snowflake Inc. (NYSE:SNOW) is one of the 11 Stocks Racking Up Monstrous Gains. Snowflake saw its share prices climb by 36.48 percent on Thursday to close at $239.20 apiece, as investors cheered the strong results of its earnings performance in the first quarter of fiscal year 2027. In an updated report, the company said that […]
Shares of technology giant Microsoft (NASDAQ:MSFT) jumped 3.3% in the afternoon session after Snowflake's impressive Q1 results provided clearer evidence that the "SaaSpocalypse", a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete, had been overstated for platforms sitting at the centre of AI workflows.
Shares of cybersecurity platform provider CrowdStrike (NASDAQ:CRWD) jumped 4.2% in the afternoon session after Snowflake's impressive Q1 results provided clearer evidence that the "SaaSpocalypse", a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete, had been overstated for platforms sitting at the centre of AI workflows.
Shares of cloud security and performance company Cloudflare (NYSE:NET) jumped 8% in the afternoon session after cloud software peer, Snowflake reported impressive first quarter earnings.
Shares of cloud data platform provider Snowflake (NYSE:SNOW) jumped 38.8% in the afternoon session after it added more than $20 billion in market cap following its impressive Q1 earnings, warranted by what was genuinely a turning-point quarter having been written off as an AI casualty.
Shares of cloud monitoring platform Datadog (NASDAQ:DDOG) jumped 3.5% in the afternoon session after it caught a slipstream, having already surged 31% on its own May 7 earnings, as Snowflake's impressive results confirmed the thesis established in recent weeks.
Shares of collaboration software company Atlassian (NASDAQ:TEAM) jumped 4.7% in the afternoon session after SaaS peer, Snowflake reported impressive first quarter results.
Shares of database platform company MongoDB (NASDAQ:MDB) jumped 9.4% in the morning session after peer data platform company Snowflake reported strong first-quarter results, signaling an inflection point for AI-related demand.
Shares of search AI platform provider Elastic (NYSE:ESTC) jumped 7.7% in the morning session after it got a boost from Snowflake's results, with Elastic's own earnings due after market close.
Shares of enterprise workflow automation company ServiceNow (NYSE:NOW) jumped 4.6% in the morning session after Snowflake's impressive first quarter results provided a tailwind for the workflow platform.
Hotter inflation couldn’t stop the S&P 500 and Nasdaq from clocking fresh record closes on Thursday. Plus, a look at consumer spending.
Rather than being disrupted, this software star is set to profit handsomely from AI.
Snowflake just posted one of its best quarters ever. And the market took notice. The data cloud company delivered a blockbuster first quarter for fiscal 2027 on May 27, topping expectations on revenue growth, margins, and customer additions. Snowflake (SNOW) stock jumped 38% in pre-market ...
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