SNOW's AI Data Cloud adoption is accelerating as new AI products, customer wins, and partnerships fuel growth, while the company targets 30% revenue growth.

Shares of Cloudflare (NYSE:NET | NET Price Prediction) are up 9% in midday trading to about $269 after Scotiabank upgraded the stock and raised its price target.

Snowflake's title bet references an $80 billion data opportunity, but the number in the Q1 FY27 filing that actually validates the thesis is the size of the contracted backlog.

Snowflake (SNOW) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--Enterprises are increasingly using the Snowflake data platform to coordinate secure data access, collaboration and AI-enabled operations, ISG says.

The iShares Expanded Tech-Software Sector ETF (BATS: IGV) is down 10.5% year to date while the S&P 500 is up 10.8% and the Technology Select Sector SPDR is up 26%. That gap reflects the market pricing software as if the AI thesis has turned against it. Own IGV and you are betting the "SaaSpocalypse" narrative, that... AI Crushed Software Stocks. IGV Is Betting the 'SaaSpocalypse' Is Overblown

An Evercore analyst notes that infrastructure software stocks have vastly outperformed application names. But there's still hope for companies like Salesforce.

Snowflake has quietly become one of the loudest AI-software rebounds of the year.

SNOW's platform adoption and AI momentum are fueling gains, but rising competition, margin pressure, and premium valuation keep investors cautious.

These CMOs are all taking about the same thing, she says. "The big topic, which is the big topic here at Cannes as well, is how do we build this new AI operating model across the organization," Persson said.