Snowflake stock rose on Wednesday after an analyst upgraded it on his confidence that the data-cloud company will grow from generative AI demand. Midday, shares were up 2.8% to $119.78. The stock is down 40% this year;

Shares of Palantir ( PLTR 23.47%) were soaring today after the artificial intelligence (AI)-focused software stock posted better-than-expected results in its third-quarter earnings report last night, as revenue growth accelerated for the fifth quarter in a row. It posted strong margin expansion as well.

Palantir Technologies shares rocketed higher Tuesday after earnings results comfortably beat expectations. Many analysts are wary the analytics software provider is overvalued.

Palantir Technologies shares powered firmly higher in early Tuesday trading Palantir (PLTR) , which was added to the S&P 500 last month, has established itself as key player in the defense industry, with a host of contracts with domestic and international agencies that focus on its data analytics and AI technologies.

Palantir Technologies (PLTR) has emerged as a stock market favorite in 2024, joining the ranks of other high-performing companies like Nvidia (NVDA). The company’s stock has delivered an astounding 141% gain year-to-date,

Palantir Technologies reported strong Q3 earnings, but high valuation and potential risks raise concerns. Click here for my PLTR stock update and a look ahead.