The Latest Breaking News from SNOW

The sell-off in stocks reversed abruptly this week on better-than-expected inflation readings; investors will want to see strong earnings to support the rally

With several analyst updates pointing to further gains for Snowflake shares, there's a lot for investors to be excited about right now.

This article highlights two AI stocks that are promising investments in the software era.

Deep-pocketed investors have adopted a bullish approach towards Snowflake (NYSE:SNOW), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in SNOW usually suggests something big is about…

There is much more room for these two AI stocks to grow.

Wedbush Securities' Daniel Ives upgrades Snowflake and Elastic to Outperform, raises price targets for Palantir and Salesforce due to projected AI-driven growth and enterprise adoption.

Wedbush analysts expressed heightened optimism about the software sector's role in the evolving AI Revolution, projecting growth into 2025.

Snowflake's stock price is melting up after a solid report and a new deal with Anthropic that will help the company sustain double-digit growth in 2025.

The main indexes were volatile Thursday with Nvidia earnings in focus.