The Investment Committee debate the investability of software stocks after Snowflake surges on a blowout Q2 earnings report.

Here are some of the stocks making notable moves in premarket action: Shares in Snowflake surged 25% after the computer software company posted a [35% rise in revenue](

Stock futures rose Thursday, a day after major U.S. equities indexes ended three-session losing streaks, as Treasury yields slipped after Federal Reserve Governor Christopher Waller said he was prepared to hold interest rates steady.

Software is the day’s clearest sore spot at midday, with a handful of the year’s biggest AI-era winners giving back ground even as the broader large-cap technology tape barely moves. That split is the actual story of the session,

By Rashika Singh Sept 3 (Reuters) - Snowflake shares surged nearly 25% on Thursday after the company raised its annual product revenue forecast, strengthening investor confidence that AI-related spending could be a powerful driver of growth for software firms.

Software stocks were rallying Thursday, with shares of Snowflake surging around 20% after the company reported its quarterly earnings results and delivered [an artificial-intelligence-fueled forecast

Snowflake just delivered the kind of earnings report that can permanently reset expectations for a growth stock, and now investors face a harder question about what comes next after a single-day surge leaves almost no room for error.

Snowflake business is growing quickly, in part thanks to adoption of an artificial intelligence agent for writing code.

Sept 3 (Reuters) - Snowflake's shares surged more than 24% before the bell on Thursday as investors cheered a stronger annual revenue forecast and signs that the company's AI products are gaining traction.

Artificial intelligence is reshaping enterprise software and Snowflake Inc. (NYSE:SNOW) CEO Sridhar Ramaswamy believes the shift could make data more valuable — not less. Snowflake CEO Says Data Will Matter More In AI Era On Wednesday,

Artificial intelligence is reshaping enterprise software and Snowflake Inc. (NYSE: SNOW ) CEO Sridhar Ramaswamy believes the shift could make data more valuable — not less. Snowflake CEO Says Data Will Matter More In AI Era On Wednesday,

The software firm remains on track to break even next year, CEO Sridhar Ramaswamy told Barron’s on Wednesday.