The Latest Breaking News from Snowflake

Cloud-based data platform Snowflake Inc. (NYSE:SNOW) climbed Monday, fueled by growing adoption of its AI-focused data cloud tools and a wave of multi-billion-dollar artificial intelligence spending commitments from tech giants.

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Tesla (NASDAQ:TSLA). “It's in transition from being a car company to being a technology company, and you want to be in there because the tech is worth a lot more than what it's selling for right now,” he added.

US Congress member Marjorie Taylor Greene purchased shares of Adobe, Netflix, Snowflake, ServiceNow, NextEra Energy, and Gilead Sciences on 6th June.

The analysts' focus shifted in Q2 after the Q1 earnings reporting cycle revealed strength in names like Zscaler, Snowflake, and Dollar General.

As Snowflake announced the acquisition of Crunchy Data for a reported $250 million, CEO Sridhar Ramaswamy shared his thought on the current environment for deals in an interview with Fortune.

Snowflake Summit 2025 has concluded – here's what we learned from all the announcements.

With a recent partnership with the LA Olympics and a 'Strong Buy' rating from analysts, Snowflake's stock is poised for potential growth, driven by its innovative AI Data Cloud platform and expanding customer base in the rapidly evolving data and AI landscape.

Technology stocks, including Microsoft and Meta Platforms, remain top buys in 2025 and are expected to run higher this year and next.

Snowflake and Gap are both up over 65% with RSIs above 70, but analyst upgrades and breakout momentum suggest more upside is in play for each of them.