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Why Snowflake (SNOW) stock is falling today

Shares of cloud data platform provider Snowflake (NYSE:SNOW) fell 5.5% in the afternoon session after Barclays downgraded the stock to Equal Weight from Overweight and lowered its price target. The ...
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Software was the market's big laggard this year. Snowflake's blowout might be the spark that changes that.

Snowflake's product revenue growth accelerated to 34% in its latest quarter, and management raised its full-year forecast. Datadog and MongoDB are showing the same AI-related momentum. After a huge ...