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Snowflake closed up 7.42% on October 9 and has more than tripled since April. Its CFO says guidance deliberately discounts CoCo, the AI coding agent. Analysts have raised estimates after each of the last two reports.
PDD Holdings (PDD) came under pressure from Wall Street analysts after the company posted a softer-than-expected fiscal first-quarter (Q1) performance, raising concerns about slowing growth and heavier spending tied to its supply chain strategy and global
Snowflake traded higher amid strong institutional demand for enterprise AI and cloud data. The company reported an annual revenue of $4.68B and a net loss of $-1.33B. Analysts maintain buy ratings with an average price target of $425.29.