Snowflake Soars: AI and Analyst Boost
Update: 2025-10-08
Description
Snowflake stock soars after UBS raises its price target, fueled by new AI tools and global expansion, hitting a 52-week high. But watch out: Snowflake's wild ride includes sixteen big swings in the last year. Meanwhile, Oracle stumbles with disappointing cloud profits, and the government shutdown sends investors fleeing to safe-haven assets like gold. Is Snowflake's nearly 60% year-to-date surge sustainable, or just another twist in its volatile story?
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