Core Insights - Palantir Technologies and Snowflake Inc. have formed a partnership to enhance enterprise-ready AI and analytics, integrating Snowflake's AI Data Cloud with Palantir Foundry and AIP [1][3] - The partnership aims to enable customers to build efficient data pipelines, perform faster data analytics, and develop robust AI applications [1][3] Partnership Details - The integration features expanded interoperability between Foundry and Snowflake Iceberg Tables, allowing bidirectional, zero-copy data sharing for joint customers [2] - Eaton, a global intelligent power management company, is a flagship customer utilizing this integration to create an AI-enabled data foundation [2][3] Customer Benefits - The partnership helps Eaton eliminate data duplication, supports enterprise-wide governance, and accelerates the development of AI applications by combining data from various sources into a unified, secure platform [3] - The collaboration aims to reduce friction for customers in deploying intelligent applications and to accelerate time to value [3]

On October 9, Scott Ladner, Chief Investment Officer at Horizon Investments, appeared on CNBC to state that this is still a tech-driven, AI-driven market. According to the LSEG tracker, since July, only three sectors are expected to see an improvement in their earnings growth: Tech, Communications Services, and Financials. Ladner stated that it’s always wise to revert to the fundamentals. He broadly confirmed that the current market is still dominated by the tech trade, being driven by AI. He emphasized tha ...