Kleinerman Christian sold $4.9M of SNOW

Snowflake (SNOW) raised its fiscal 2027 product-revenue forecast to $6.07B from $5.84B, with Q2 product revenue up 37% YoY to $1.49B, beating expectations. AI offerings contributed about half of the growth. Customer adoption of AI tools Cortex Code and CoWork increased significantly, suggesting growing demand. Management expects continued strength, but high valuation and competition pose risks.

U.S. stock markets rallied on Thursday, with the Dow, Nasdaq, and S&P 500 rising 1.2%, 1.4%, and 1.1% respectively. The rally was partly driven by easing concerns about interest rate hikes, as CME Group's FedWatch Tool showed a decreased likelihood of a rate hike. Fed Governor Christopher Waller's remarks also contributed to the pullback in treasury yields. Investors are awaiting Friday's employment report, which could impact interest rate expectations. Snowflake (SNOW) surged 16.6% after report

U.S. stocks rallied after Fed Governor Christopher Waller suggested a potential September rate hold. Bitcoin surged 4.6% to $80,900. Tesla, Meta, and Microsoft led gains, while Broadcom and Tyson Foods declined. Snowflake rose 21.9% on strong earnings and raised guidance. The S&P 500 and Nasdaq 100 each gained over 0.9%.

U.S. stocks rose on Thursday, with the Dow up 1.2%, S&P 500 up 1.1%, and Nasdaq up 1.4%, as Treasury yields eased and Fed rate-hike bets pulled back. Tesla gained 5.4% ahead of its Cybercab event, Nvidia rose 1.8% on its $12.9B acquisition of Hugging Face, and Snowflake surged 16.6% after earnings. Broadcom fell 2.7% on weaker guidance, and Campbell's dropped 7% after cutting its dividend.

Stocks rose on Wall Street as bond yields eased, with tech stocks leading gains. The S&P 500, Dow, and Nasdaq each rose over 1%. Nvidia gained 2.3% after announcing a $13B AI platform acquisition. Microsoft, Apple, and Meta also saw gains. Oil prices remained stable despite geopolitical tensions. Treasury yields fell, with the 10-year yield at 4.76%. Snowflake surged 18.3% on strong earnings, while Broadcom and HPE fell despite positive AI demand reports.

Tiziana Life Sciences (TLSA) received a Buy rating and $7 price target from BTIG. Ocean Power Technologies (OPTT) is using Palantir Foundry to improve operations. Sintana Energy (SEI) reported TotalEnergies' acquisition of a 40% interest in Namibia’s PEL 83. American Resources (AREC) joined the Critical Minerals Institute. Thistle Resources (TRCG) launched a Phase 3 drill program. BioHarvest Sciences (BHST) plans to dual-list on the Tel Aviv Stock Exchange. Alvopetro Energy (ALV) reported August