Palantir Soars on AI Growth, Snowflake Slips Despite Long-Term AI Potential
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Palantir stock has surged recently due to strong AI software adoption and accelerating revenue growth forecasts.
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Snowflake stock dropped despite solid results as guidance signals slowing growth, but AI initiatives could boost long-term potential.
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Palantir's AI platform getting traction with commercial and government customers as bootcamps drive deals.
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Snowflake investing in AI capabilities and huge revenue pipeline, though new Cortex platform yet to launch.
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Valuations favor Snowflake after pullback, but Palantir's AI growth is ahead while Snowflake's is still developing.