Snowflake Stock Jumps on Palantir Partnership
37 minutes ago
Snowflake (SNOW) shares popped 7% before the bell after the AI data cloud company announced a partnership with Palantir Technologies (PLTR).
The collaboration “integrates Snowflake’s AI Data Cloud with Palantir Foundry and Palantir Artificial Intelligence Platform (AIP),” the press release said, and “customers in the commercial and public sectors will be able to build more efficient and trusted data pipelines, faster data analytics, and AI applications.”
Snowflake stock entered Thursday up roughly 55% this year. Shares of Palantir, which were up 1% before the bell, have soared more than 135% in 2025.
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Watch These Salesforce Price Levels as Stock Jumps on Upbeat Sales Outlook
1 hr 5 min ago
Salesforce (CRM) shares gained ground in premarket trading Thursday after the software maker issued a better-than-expected long-term sales outlook.
The company said it expects revenue to surpass $60 billion in 2030, comfortably ahead of the level forecast by analysts. It also projects revenue growth of above 10% annually for the 2026–2030 fiscal years, boosted by its Agentforce software, which automates customer service tasks and business processes.
Shares of Salesforce, a Dow Jones Industrial Average component, were up 4.8% at $248 in recent premarket trading. Coming into today’s session, the stock had lost nearly 30% of its value so far this year amid concerns that competing AI software could slow adoption of the company’s Agentforce platform.
Since retesting the 200-day moving average (MA) in mid-May, Salesforce shares have traded lower within a descending broadening formation, tagging the pattern’s upper and lower trendlines on several occasions since that time.
More recently, the 50-day MA has provided selling pressure on attempted rallies, while the relative strength index has slipped slightly below its neutral threshold. However, the stock looks set to open around the 50-day MA after the software maker’s upbeat revenue outlook, potentially setting the stage for a breakout from the descending broadening formation.
Read the full technical analysis piece here.
Stock Futures Point Higher as Strong Bank Earnings Continue
1 hr 18 min ago
Futures tied to the Dow Jones Industrial Average rose 0.4%.
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S&P 500 futures also were up 0.4%.
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Nasdaq 100 futures rose 0.5%.
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