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Did You Pay For Palantir's Guidance Or For Something Else?
Trefis4d agoneutral
Did You Pay For Palantir's Guidance Or For Something Else?

Palantir Technologies (PLTR) raised its 2026 revenue guidance in August, and the stock gained about 32% across the release. The easy read is that the market was paying for the bigger number. It was not. At the multiple the market was already paying, that raise is worth about $8 a share, and the tape handed over close to $40.

What Investors Need To Understand About Broadcom, Credo and Snowflake Earnings
24/7 Wall St.9d agoneutralVIDEO
What Investors Need To Understand About Broadcom, Credo and Snowflake Earnings

What do massive earnings beats from Broadcom, Credo Technology Group, and Snowflake really tell us about the current state of the AI trade? During a recent episode of The AI Investor Podcast, Eric Bleeker and Austin Smith discussed why stocks like Credo and Broadcom faced brutal pullbacks despite stellar numbers, while Snowflake surged on accelerated cloud and consumption growth. The two also examined forward price-to-earnings multiples, hardware versus software margins, peak earnings anxieties, and why the market is treating today's tech boom differently than past megatrends like the smartphone surge.

Snowflake Q2 Earnings Call Highlights
MarketBeat16d agoneutral
Snowflake Q2 Earnings Call Highlights

Snowflake (NYSE:SNOW) reported accelerating second-quarter fiscal 2027 growth as demand for its core data platform and AI products increased, while the company also expanded its non-GAAP operating margin and raised its full-year product revenue outlook. Product revenue totaled $1.49 billion, up 37%

Investing.com16d agobullish
Snowflake soars 20% on earnings beat and raised guidance

Investing.com -- Snowflake Inc (NYSE:SNOW) reported second quarter results that exceeded analyst expectations and raised its full-year outlook, sending shares up 20% in after-hours trading Wednesday as investors responded positively to accelerating growth driven by artificial intelligence products.

Snowflake shares surge after Q2 beat, raised guidance
Proactive16d agobullish
Snowflake shares surge after Q2 beat, raised guidance

Snowflake Inc (NYSE:SNOW) shares jumped 23% in after-hours trading Wednesday after the cloud data company posted second-quarter results that beat Wall Street estimates and raised its full-year guidance. The company reported fiscal 2027 second-quarter revenue of $1.55 billion, up 35%...