Palantir Technologies Inc. shares dropped 9.25% in after-hours trading Monday, despite the data analytics company raising its revenue forecast on strong demand for artificial intelligence products.
Palantir's stock dropped 9.25% after reporting better-than-expected earnings, with analysts divided on its future, as Dan Ives remains bullish while Brent Thill remains cautious about its high valuation.
While the broader market has struggled with the S&P 500 down 4.7% since November 2024, Snowflake has surged ahead as its stock price has climbed by 37.8% to $167.30 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
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.
A former Palantir Technologies Inc. (NASDAQ: PLTR) employee offers a brief primer on the enterprise AI company's products, pricing, and prospects over the next few years, particularly in defense and AI.
Shares of data warehouse-as-a-service Snowflake (NYSE:SNOW)
jumped 6.9% in the afternoon session after stocks extended their rebound, led by strong gains in the technology sector, as renewed optimism surrounding U.S.–China trade negotiations lifted investor sentiment.
A number of stocks jumped in the morning session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision-making at the central bank.
With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more importantly, gave investors a steadier compass to figure out where rates and the markets were headed next.
Snowflake has come a long way from being just a cloud data platform—it’s steadily evolving into something much bigger: the engine that powers enterprise AI.
Snowflake’s financial setup is doing what most software companies struggle to pull off—growing fast, staying efficient, and continuing to invest in the future without going off the rails.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Commvault Systems (NASDAQ:CVLT) and its peers.
Snowflake is releasing product innovations at a blistering pace doubling last year's to over 400 capabilities to drive 126% net revenue retention rates.
Snowflake Inc (NYSE:SNOW) shares are trading lower, pulling back from a broad market surge on Wednesday that lifted stocks across the board. The company on Thursday announced that it received Department of Defense (DOD) Impact Level 5 (IL5) authorization.
