Specifically, its overall customer count in the second quarter was up by 43% from the year-ago period. Additionally, Palantir management pointed out on the earnings call that it continues to "see expansions with our existing customers." As a result, Palantir's top 20 customers contributed 30% more in trailing 12 month revenue in Q2.This impressive acceleration is a result of the rapid adoption of AIP. The company received $2.3 billion worth of new orders in the second quarter, an increase of 140% from the p ...

Core Insights - Snowflake has announced a strategic partnership with Palantir, integrating its data cloud with Palantir's Foundry and AI Platform, which allows for zero-copy data sharing and streamlined AI deployment for enterprise clients [1][3]. Group 1: Partnership Significance - The collaboration with Palantir enhances Snowflake's position as a versatile AI infrastructure provider, enabling faster development and deployment of AI models without data duplication [3]. - This partnership improves Snowflake's value proposition in enterprise AI, focusing on speed, governance, and scalability, with early adopters like Eaton already benefiting from the combined technology [4]. - The deal strengthens Snowflake's competitive position against rivals such as AWS and Databricks, while expanding its market reach into sectors like defense, manufacturing, and industrials [4]. Group 2: Market Performance and Analyst Outlook - Snowflake's stock has increased approximately 100% from its year-to-date low in early April [2]. - UBS analysts project that Snowflake's leadership in data management could drive its share price to $310 over the next 12 months, indicating a potential upside of 29% [5]. - Other Wall Street firms share a positive outlook on Snowflake due to its strong fundamentals, including a gross margin near 75% and positive free cash flow, which is uncommon for growth tech companies [8].

Core Insights - Palantir Technologies and Snowflake have announced a partnership aimed at modernizing data for AI applications, which is expected to enhance data pipelines and analytics for both commercial and public sectors [1][2] - Palantir's stock has seen a significant increase of 139% in 2025, while Snowflake's stock has jumped 53% [2][3] - Palantir's stock is approaching a buy point of 185.75, currently trading at approximately 181.50, while Snowflake is nearing a flat-base entry of 249.99, trading at nearly 256 [2][3] Company Performance - Palantir's stock holds a Composite Rating of 99 out of a best-possible 99, indicating strong performance, with an Accumulation/Distribution Rating of C-plus [6] - Snowflake's stock has an IBD Composite Rating of 97 out of 99 and an Accumulation/Distribution Rating of B, suggesting solid institutional buying [5] Market Context - The partnership between Palantir and Snowflake is already in action with Eaton, a power management company, indicating practical applications of their collaboration [2] - Palantir aims to leverage generative AI to expand its presence in the U.S. commercial market, particularly in healthcare and financial services [4]

Core Insights - Snowflake and Palantir announced a partnership to integrate Snowflake's AI data cloud with Palantir's AI platform, leading to a significant stock price increase for both companies [1][1][1] Group 1: Partnership Details - The collaboration aims to provide more efficient and reliable data pipelines for commercial and public sector clients, enabling faster access to data analytics and AI applications [1][1] - Eaton, a joint customer, highlighted that the partnership will help eliminate data redundancy and accelerate AI application development [1][1] Group 2: Executive Statements - Snowflake's Chief Revenue Officer, Mike Gannon, emphasized that combining the strengths of both platforms is a logical choice to reduce barriers in deploying intelligent applications and to help clients realize value more quickly [1][1] - Palantir executive Ted Mabrey noted that superior interoperability will create greater value for customers, with Eaton serving as a benchmark for AI-driven future enterprises [1][1]

Core Viewpoint - Snowflake and Palantir have announced a partnership to integrate Snowflake's AI data cloud with Palantir's AI platform, enhancing data pipeline efficiency for commercial and public sector clients [1] Group 1: Partnership Details - The collaboration aims to provide clients with more efficient and reliable data pipelines, enabling quicker access to data analysis and AI applications [1] - Eaton, a joint customer, highlighted that the partnership will help eliminate data redundancy and accelerate AI application development [1] Group 2: Executive Statements - Snowflake's Chief Revenue Officer, Mike Gannon, emphasized that combining the strengths of both platforms is a logical choice to reduce barriers in deploying intelligent applications and to help clients realize value faster [1] - Palantir executive Ted Mabrey noted that superior interoperability will create greater value for clients, with Eaton serving as a benchmark for AI-driven future enterprises [1]

Core Insights - Artisan Partners' "Artisan Mid Cap Fund" reported strong performance in Q3 2025, with significant outperformance compared to the Russell Midcap Growth Index, driven primarily by health care sector holdings [1][2] Fund Performance - The fund's Investor Class fund ARTMX returned 8.80%, Advisor Class fund APDMX also posted 8.80%, and Institutional Class fund APHMX returned 8.83% in Q3 2025, while the Russell Midcap Growth Index returned 2.78% [1] - Year-to-date gains for global equity markets were in double digits, indicating a robust market environment [1] Snowflake Inc. Insights - Snowflake Inc. (NYSE:SNOW) was highlighted in the investor letter, with a one-month return of 8.44% and a 52-week gain of 102.35%, closing at $240.86 per share on October 15, 2025, with a market capitalization of $81.603 billion [2] - The fund trimmed its position in Snowflake due to strong performance and elevated valuation, expressing caution regarding the impact of large language models on traditional data warehouse architectures [3] Hedge Fund Interest - Snowflake Inc. was held by 100 hedge fund portfolios at the end of Q2 2025, an increase from 94 in the previous quarter, indicating growing interest among institutional investors [4] - Despite its potential, the fund believes that certain AI stocks may offer greater upside potential and less downside risk compared to Snowflake [4]

Group 1 - Snowflake's shares have increased approximately 54% year-to-date, indicating strong market performance [1] - The continuation of the market rally could further enhance Snowflake's stock performance [1] - Long-term valuation metrics for Snowflake may not be as high as they initially seem, suggesting potential undervaluation [1]

Snowflake (SNOW) stands as a popular stock with option traders, is enjoying a nice uptrend and also sits on Investor's Business Daily's Leaderboard. As a result, we're looking at an unbalanced iron condor for Snowflake, with a slightly bullish bias. This can be achieved by trading more put spreads than call spreads. As a reminder, an iron condor is a combination of a bull put spread and a bear call spread. First, we take the bull put spreads. Using a Nov. 21 expiration date, we could sell two put spreads w ...

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

Core Insights - Innovation in technology is accelerating, with new companies emerging to challenge established leaders in the AI sector [1] Group 1: Palantir Technologies - Palantir Technologies is valued at $416.2 billion and has transitioned from a defense contractor to a major player in AI and data analytics [2] - The company achieved its first billion-dollar quarter with a 48% year-over-year revenue increase, driven by a 53% rise in U.S. government business and a 93% surge in domestic commercial revenue [4] - Palantir secured 157 contracts exceeding $1 million, with 42 contracts over $10 million, totaling a record contract value of $2.3 billion [4] - Analysts project earnings growth of over 56.7% this year and 31.7% in 2026, despite a high valuation of 207 times forward earnings [5] - The stock is rated as a "Hold" by Wall Street, with a potential upside of 22.5% from the current levels based on the highest target estimate [6] Group 2: Snowflake - Snowflake is valued at $82.05 billion and offers a cloud-based platform for seamless data storage, management, and analysis [7]