Snowflake Aktie News

The adoption of artificial intelligence (AI) software solutions has been a solid tailwind for companies that had been struggling for growth. Palantir Technologies (PLTR 1.03%) and Snowflake (SNOW -0.25%) are two such examples that have received a nice shot in the arm thanks to the growing demand for generative AI software solutions.

The software giants will partner to help companies modernize data for AI apps. Palantir stock while Snowflake jumped back above a buy point.

The data storage company's AI Data Cloud will be integrated with two of Palantir's software products.

No-Headquarters/BOZEMAN, Mont. & DENVER--(BUSINESS WIRE)--Snowflake (NYSE: SNOW), the AI Data Cloud company, and Palantir Technologies Inc. (NASDAQ: PLTR), the industry leading provider of enterprise operating systems, today announced a new partnership that integrates Snowflake's AI Data Cloud with Palantir Foundry and Palantir Artificial Intelligence Platform (AIP). With this partnership, cust...

Snowflake shares are up 54% YTD, with potential for over 30% further upside based on improving cash flow and market cap projections. Despite high valuation metrics, SNOW's strong revenue growth, expanding customer base, and rising free cash flow support a bullish outlook. Management guides for FY 2026 revenue of $4.4B and a 25% free cash flow margin, with new AI products emerging.

Snowflake is popular with option traders and enjoys a nice uptrend. This slightly bullish iron condor trade is one prospect.

PHOENIX--(BUSINESS WIRE)-- #AI--Cognite and Snowflake Form Strategic Partnership to Unify Industrial Data for Enterprise-Wide AI at Scale.

As Nvidia remains in buy range and Palantir looks to reclaim an earlier buy point, Snowflake stock flashes signs of demand.