Snowflake's business is booming. The company reported 37% growth in its product revenue, and the management team is so excited about the current fiscal year that they raised their estimates for how much revenue they expect they will generate this year up to over 6.07 billion dollars, which would represent over 36% growth compared to the prior year.
SNOW
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Another major player in the moves is Snowflake. Snowflake stock was unable to hold onto all of its gains, and you can see a series of breakout attempts here that somewhat illustrates how the price moves when it enters breakout situations.
You can see here the first and main trend line of the breakout drawn down to the pivot point that occurred here in November or October 2025. When the price initially accelerated upwards, it was rejected and then climbed above it, consolidated, then came back down, retested the top of that trend line, then accelerated upwards, creating another pivot point.
Then this earnings report came along and gapped up above that trend line as well.
The next stock on our list is going to be Snow and what a move. Snow, ticker SN, surged 23.42% as it posted upbeat financial results for the second quarter.
The next big earnings report was Snow and this stock is up 72 points just about or 23 and a half%. And you can see that the move here on this recent structure. This is a big-time snap.
Snowflake and Broadcom have just released their earnings , and we will be comparing some of these figures with various opportunities in the hardware and software sectors.
Then of course there was this crazy explosion in the " Snowflake" stock. Snowflake's stock jumped 20% in approximately 10 seconds after the earnings announcement.
We have " Snowflake" on the list.
Snowflake will announce its results before them.
The following is simply an attention to Hewlett-Packard and Snowflake. So, we will monitor that.
Therefore, we should now get the Snowflake data in approximately 15 seconds . They have recovered a lot in the field of data. So, if we go to the snow, let's keep them on top.
Their EPS came in at 62 cents, beating the 45 cents forecast by 38%. Revenue 1.55 billion. This is also higher than forecast. An important metric, product revenue is 1.49 billion.
This is a 37% increase over last year and is also better than forecast. Net revenue retention rate is 126%. The remaining performance obligation stands at $9 billion. This is 30% more than last year.
They had 828 customers whose product revenue in the last 12 months exceeded $1 million. This is 27% more than last year. And their total number of Forbes Global 2000 subscribers is 829.
Snowflake earnings coming and well, all right. So, there's a bunch of earnings.
Josh before before we get into Snow, which is obviously your your beat, not mine. Snow the stock has performed exceptionally well as has Dell into the print.
Here's why I want to talk about snow. I bought the stock during the course of this quarter. Um I did not buy the low. That's not my my thing. That's not what I do. I buy breakouts.
And I got it. I nailed it. I'm still long. I am trailing it with a stop. If tomorrow night's report is apocalyptic, it's not going to bother me. I'll just I'll be out.