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Keybanc analyst Eric Heath maintains Snowflake (NYSE:SNOW) with a Overweight and lowers the price target from $235 to $200.
Evercore ISI Group analyst Kirk Materne maintains Snowflake (NYSE:SNOW) with a Outperform and lowers the price target from $225 to $200.
ShinyHunters claims it stole nearly 80 million records from Rockstar Games via a third-party breach involving Anodot and Snowflake.
SaaS stocks are trying to stage a modest rebound after a rough stretch. Jim Cramer said the "software empire" attempts to strike back.
Macro concerns, AI competition, and analyst downgrades drove broad weekly losses across software and cloud stocks, led by Akamai, Okta, and Cloudflare.
Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.
Tech stocks rise as the Nasdaq 100 targets an 8-day streak, even as inflation spikes and consumer sentiment hits a record low. Trump lifts Palantir, oil rebounds and AI chips surge on TSMC strength.
Major U.S. indices closed higher on Thursday, with the Dow Jones Industrial Average up 0.58% at 48,185.80.
SaaS stocks fall again after fresh model releases from Anthropic and Meta that reignited AI replacement fears.
Snowflake (SNOW) stock plunges amid AI-driven software disruption fears, sparking heavy selling across the enterprise software space.