SNOW

xRedStaRx

MongoDB and SNOW are underrated. So is Palantir.

MandingoPants

I have made 700% since the start of April on TEAM calls, PLTR puts, SNOW calls, MDB calls, PLTR puts again. You are a limped dick sheep. 

takashi-kovak

First, not a long rant. I think you captured a classic wheel issue. I was in your boat, but slightly different mechanics. I rolled the naked PUTs because I didn't know where the bottom was. However, I am now holding the bag on HOOD, SNOW. They are up and OTM but the PUT expires is in Sept. The good news is that I am on portfolio margin which adjusts the risk based on overall portfolio. If I was on T-reg or just cash, don't think this would have been a viable solution.

tipsystatistic

For reference GPRO rose to 4x in three months after its IPO. SNOW went 3x in a little over a year. After that the prices never recovered. SpaceX has more hype and a lot more room to run.

Riskismyapellido

Also bigly in $SNOW but with shares.

paimonsoror

What worries me about SNOW, for a technical consumer perspective, is that they are trying to do "everything" without being opinionated at doing "something". They went from pushing companies towards a "world class cmdb" (has anyone actually figured this out?) to now becoming a procurement engine, a workflow engine, and AI gateway, an mcp registry, etc etc. I no longer know what their corporate mission statement is anymore

Able_Show_8560

$SNOW and $DDOG been holding up like champs all week just to now dump on a friday. SAAS is literal cancer according to wall street even if earnings are mooning thanks to AI

EvidenceMiserable671

It was ABNB, DASH, and SNOW at once. All pretty big ipo's. Don't think the 3 combined were as big as SpaceX though

2ManyCatsNever2Many

people are tripping all over themselves to get a piece of the AI trade, right? databricks is (one of) the *data* piece to the puzzle - all that compute and memory, databricks is standing on top of that holding the information that powers models and llms. they're not the only option - but probably the closest public company to compare is snowflake (SNOW). their ipo was ridiculous (maybe the most absurd one until today) so looking at their entire history skews the narrative. that said, looking at their performance last few months shows the growth as companies expand their own data footprint to deliver custom AI insights on *their data*. databricks is right there in that space too. they're already (reportedly) cash-flow net positive even without going public - SNOW is or isn't profitable based on what method one uses.  they're a good company with a great product at the perfect time.

socalkid2428

Maybe RGTI, JOBY, ASTS, SMMT, OKLO... maybe MSTR too. A few other quantum stocks and early AI story stocks. I don't think these are good investments, and obviously not at the same scale as SpaceX, but it just doesn't qualify as "never ever has there been..." SNOW was probably above P/S of 100 for a while. Zoom was probably close in 2020, same with MRNA. As you say, PLTR has been there as well.

MrT_IDontFeelSoGood

Well at least holding XLV has been good both ways. Now if only my SNOW strangles could get a little extra juice

CamelotCosmos

SNOW is just flirting with an apocalyptic drop. Support is holding but there hasn’t been much of a push away from it. Gap below we go!

Funny_Assistant4222

These stocks are known as the **Fab Five”** — **Datadog Inc.** [(NASDAQ:DDOG](https://www.benzinga.com/quote/DDOG)), **JFrog Ltd.** [(NASDAQ:FROG](https://www.benzinga.com/quote/FROG)), **MongoDB Inc.**[(NASDAQ:MDB](https://www.benzinga.com/quote/MDB)), **Snowflake Inc.**[(NYSE:SNOW](https://www.benzinga.com/quote/SNOW)) and **Twilio Inc.** **Are any of you guys invested in these companies**

chauhan_shubham

Sorry Bulls bought Oracle Calls for Earnings. Didnt buy Dell or HPE or SNOW all went up. Bought AVGO and Oracle and they both fukin plummeted. Wtf is wrong.

GrossFleshSack

You want to buy puts on a company that is already deep in the shitter but has consistently improving fundamentals? PE ratio highly undervalued vs it's peers. If you want to buy puts on something maybe $SNOW is better?

Aranthos-Faroth

Bank A: SpaceX is worth $2T. Bank B: 70% Bear market incoming. Bank C: Anthropic worth $1T. Bank D: Why we may not be at the peak of this bull run yet. Can't trick me, all in on $HOE and $SNOW

dvdmovie1

There are software names that I think are interesting that got caught up in selling, but I still don't understand the people who were all excited about things like CRM (which nobody's really been excited about on here/talked much about for years before this) because of a "AI is going to end software" narrative that wasn't even really the case: it was simply a re-rating of a sector (software) that for years had traditionally been expensive. Nobody on here was talking about buying software stocks that were down 50% in 2022 but now with a narrative this year the same stocks down 50% became a big topic. The long AI/short software trade will (and did, I think you've seen some of that lately; NET getting sold, having a so-so quarter and then ramping about 45% in a month on no news) get way over-extended, but if software names can't put up good numbers then bounces won't sustain. Some things will put up good numbers and start moving higher again (SNOW), some won't - and some of the latter will probably look like the chart of PYPL over the coming years as people talk about "but it's cheap!" and "the buybacks" like they did for PYPL on here for a lot of the last 3 years. If people are going to make software bets, imo there has to be a very strong thesis as to why that particular name won't be disrupted.

CamelotCosmos

I think SNOW will fill the gap down ngl. 30 dte puts for me

RJNavarrete

Software seems to be lagging during today's rally. May be good to set some dollars aside for a few names like PANW, ORCL, and SNOW.

Bravog

Im bearish on SNOW, the biggest reason being its not usable with out considerable cost . In 3 years there will be few good alternatives using company monitoring tooling itself.

old_Spivey

Not a coincidence: NOW will soar while CRM crashes. SNOW is a dead end. Save your money for DataBricks.

H1ghlan_der_only1

I have 7. PLTR. MRVL SNOW RBRK AVGO MSFT and FIGR. Go figure.

Short-Dependent7676

I don’t understand why most of you think that calling out a stock or going into one when everyone is talking about it will get everyone rich. AVGO? Now it’s ORCL next. No one talked about SNOW, it pumped, no one spammed DELL, it pumped

IvoryTowerResident

Took profit on 50% of my soxx holdings from last year. The weekly candle is very ugly. Bought some software dips NOW, TEAM, SNOW, MDB

Swiftnice

That pathetic stock needed SNOW to drag it up temporarily. It's going to be below 70 by September.

Particular_Yard_2460

> Actual top signal Just got out of SNOW, need to start selling INTEL. Whens dday for SPCX?

DirtCreative

This is such a fascinating IPO. I was curious about other IPOs that had any smidgen of legit hype and craze behind it and there aren't many. |IPO (Ticker)|Date|IPO Price|Day 1 Open (% from IPO)|Day 1 Close (% from IPO)|Day 1 Intraday High| |:-|:-|:-|:-|:-|:-| |Reddit (RDDT)|Mar-24|$34|$47 (+38%)|$50.44 (+48%)|$57.80 (+70%)| |Rivian (RIVN)|Nov-21|$78|$106.75 (+37%)|$100.73 (+29%)|\~+53% intraday| |Snowflake (SNOW)|Sep-20|$120|$245 (+104%)|$253.93 (+112%)|\~$319| |ARM (ARM)|Sep-23|$51|\~$56 - 57|$63.59 (+25%)|Solid gains| |Figma (FIG)|Jul-25|$33|\~$85 (+157%)|$115.50 (+250%)|Higher next day (\~$143 in some reports)| |Circle (CRCL)|Jun-25|$31|\~$69 (+123%)|$83.23 (+168%)|Very strong| SPCX, though, is on a whole other level. This thing is priced, initially, within an "everything works" type setup. And that's if everything works for about 10 years straight to justify the price at offering. There are going to be some serious peaks and valleys on this one and people really need to be mindful of the timing of things (lockup dates, etc.). For those degens participating in this circus; what's your entry point capped at? My thoughts on expectations or ranges of possibilities: Bear/Flat Launch: Price between $90 - $120. Likely/Nothing Crazy: $140 - $180 Bonkers: $200+ (I think we'll see a good bit of this on Day 1 before finding its floor) So much rests on so much going right. Then you have the Whacky Uncle Musk factor. This thing could absolutely go crazy for better or worse - a lot of people are going to either make or lose a lot of money once the rug gets pulled. Good luck to all getting in the muck to trade or hold for any length of time.

Alwaysfavoriteasian

Instructions unclear bought SNOW

TheSexySovereignSeal

Sold SNOW at peak, sold LUNR close to peak, up 40% all time now, and just dumped 1/4th port into INTU while 50% is sitting on cash waiting baby GAMBOL

TheLesserAltomare

That's because wallstreet was just begining to rotate back into them but when Iran head lines start flying, the most recently purchases end up on the chopping block and most of them just had earning reports so was used to lock in profits. Did you see SNOW?

TheLesserAltomare

Nah I rolled my positions forward in SNOW and ADBE which are fucking me, sold the top of snow and rebought the top for new strikes and bought the top of adobe and bought the dead cat bounce lol

nohandsfootball

i hit on both of those earnings and SNOW and got greedy here today. could've closed the calls before close but set the limits too high but. i did not so there goes $12.5k in calls

PapayaBig430

DELL ripped because no one talked about it SNOW ripped because no one talked about it AMD ripped because no one talked about it AVGO is down because literally everyone talked about it When will you regards learn?

PapayaBig430

HPE opened almost flat because everyone talked about it. Barely anyone mentioned DELL, SNOW, and AMD and that’s why they pumped so massively

Laparu

PANW, SNOW and SOFI,,,, never trust the earning report. Sell right before the earnings report and buy the next day... i have now learnt this the hard way (after 10 plus quarterly reports).....

_hiddenscout

That’s part of it but a lot of came after earnings from like DDOG and SNOW as well.

RJNavarrete

Watchlist for tomorrow: • RKLB • FLY • NOW • SNOW • CRWD • NET

imustbegthequestion

What is SNOW?

seanhealy43

Held my SNOW DELL MSFT calls and added a MRVL tomorrow we bounce back and waterloo these bears 

PapayaBig430

Instead of being a regard, you could’ve instead bought Dell or SNOW but you decided to go with SPCE and lost money

Beazt11123

Is SNOW worth buying at this price?

rajas_

Buying the SNOW dip, wish me luck

seanhealy43

Need DELL, MSFT, SNOW to 10% gonna get pimp out the office and garage 

ProfessorPayne

Balls deep in SaaS FIG TEAM SNOW Ngl I’m a little nervous after this Google news

Vivid-Skin4451

There are of course a lot of ways to play these sectors but below are some of the ones I own/like. SHOP, MELI and SE for e commerce. AMD, Nvidia, AVGO for semis.  SNOW, DDOG, MDB and NOW for software. OXY and CVX for oil. 

we2deep

Good on Google looking to the market for liquidity rather than continuing to lay off people to fund AI. AI will pay off, but you actually need your talent to get there. Despite knowing this my level of regardation was quite high. I sold my HPE call that I bought last thursday this afternoon thinking that there wasnt enough hype on trading day for me to stick it out... AFterhours already up to 65. I made hundreds when I could have made thousands if I just waited for the damn play to actually resolve. I like ASTS tomorrow. Hopefully my puts on SNOW print. Just a lil retest back to 260 is all I need.

Milksteak_Sandwich

Sold all my Bitcoin this weekend before it drops. Now where the hell do I park the money? MU, SNOW, NOW, AMD, MRVL, NOK? I'm too chicken to buy SPCE

we2deep

We need to eat more paint chips. I didnt commit to the call this morning. I did sell my HPE calls though. Puts on SNOW went in this morning too after their crazy run up 😄. TACO talks, we follow. EZ wins.

Squirr3I

!banbet SNOW 255 7d

ElaTrades

Next AI Boom Stocks for June: $IBM is heading to $1000 $SNOW is heading to $1000

ProfessorPayne

FIG TEAM SNOW LFGGGGG. Way more room to run

leakybiscuit

SNOW ❄️🫡🤌

Xzlk

SNOW up 100% in a month because they reported they are still unprofitable but they use AWS 🚀💪

Xzlk

Well SNOW is now a 100B company.

Outrageous_Tip_2133

DELL and SNOW going crazy. Holy shit!

Outrageous_Tip_2133

DELL and SNOW going crazy. Holy shit!

SaraBrew4

Fuck everyone buying SNOW and inversing my puts

SaraBrew4

I bought 15 $265 puts on SNOW and now the entire world is inversing me, down 4k already

Good-Recover-1351

SNOW nonstop

GameBoySteve

SNOW!!

no1bullshitguy

Trump as well. When I saw that he invested in SNOW, I got in at 90

Professional_Tea4502

Looks like the whole Software sector is continuing to run. MSFT, NOW, PLTR, SNOW are all ripping

siboq

There's been a mass firing of human capital, a massive investment into Al training to do the job of human capital, and UIPATH is making more than ever and trading at one eighth its initial share price. Snowflake just received $6 billion to fund agentic Al initiatives. PATH works with SNOW. IT spending initiatives are at a high. I encourage you to read more articles.

leakybiscuit

Add some RDDT and SNOW

Electrical_Maize3587

I called out SNOW before earnings which got downvoted and then everyone was so shocked how it pumped so hard while I made $20k on 230c

NotABCDinFL

I’m buying SNOW, CRM, NOW, FIG and Intuit

Pale-Silver-8178

The prophet again... Space frenzy will continue ASTS, SPCE, RKLB, LUNR will all recover buy as much leverage on that dip. SaaS sassy will continue NOW, SNOW. Taco Insiders as well DELL, MU and the ai hype CRSR, NOK, BB.

Electrical_Maize3587

Guys I’m actually the most regarded out of you all. I made money on SNOW last week and blew it on the most stupid thing ever. I bet the Thunder would win and threw everything on them

ProfessorPayne

FIG TEAM and SNOW. SaaS rebound incoming

Landed_port

Reminds me of $SNOW going up because everyone was calling each other snowflakes

PapayaBig430

The way I learned to make money is going against what 90% of WSB says and believes. Thank goodness I got 10 downvotes when I shouted $SNOW before earnings and actually played it

liftingshitposts

Nobody is vibe-coding an enterprise-grade replacement for SAP, your calls will print. Had a similar thesis for SNOW going into earnings (AI will further democratize querying and have a network effect for data infrastructure, switching costs are HIGH and will be higher when AI builds on top of platforms).

Grateful5150

I was struggling not selling my SNOW and CRM shares. Everyone was so down on software. I decided to hold for awhile because there is no way SaaS and AI can’t work together. Glad I held by out. Hopefully this keeps popping back. 

PuzzleheadedSpeech67

I was into SNOW about three weeks ago. I know what it's doing for those that believe in the AI play and expect their revenue to continue to grow. They also have forward looking revenues already booked and high retention of customers. Earnings seemed to validate this conviction at least in the near term. Several analysts increases their price targets as well

Electrical_Maize3587

Lol… I blew my port last month and promised that next time I make money I will take it out. Lo and behold, I got lucky with SNOW this week, and you’ll never guess what happened next. I threw it into 0dte and blew it again.

Nice-Dingo9138

  fair point, they're not related. the SNOW dump was just the most interesting insider move today and ASTS was the top WSB pick was trying to contrast the two signals but you're right it's not a clean comparison - muddy in my brain

Portsmo

Struggling to understand your point here. In which way are $ASTS and $SNOW related? Why does it matter that people are bullish on $ASTS but you are bearish on $SNOW?

bigbawlsman

unironically, SNOW is up 80% this past month and is going parabolic. NOW is about to go parabolic.

MammothBarnacle1722

SNOW just speedran from “dead SaaS boomer stock” to “AI darling” in one earnings call lol. Fun little reminder that in this market you’re either early, painfully early, or watching a 36 percent green candle from the sidelines wondering why you sold at the bottom 💀

Me-Regarded

I chose CRM over SNOW for a big earnings bet. I was going back and forth all day, settled on CRM. This hurts more than losing money

Select-Factor1567

The next play in my opinion is SASS that are essential to AI infrastructure: Datadog, Snow, Oklo have all seen attention but may be in the early stages Whether they are true bottlenecks remains to be seen. For example, SNOW may just be a momentum play that is purely cyclical as many hyperscalers share its moat. Demand is red hot right now. But if you want something cheap, pre re-rating narrative I would say $TRMB, $U, or $HXGBY (unfortunately Hexagon AB is mostly listed in the us as a low volume ADR). I have an extensive thesis for each. Tell me if you’re interested but my personal favorite is $TRMB. Mostly seen as a cyclical industrial hardware stock now. But has been transitioning to SASS. The CAPEX of AI is currently in its mind phase, we are building the brain. We need compute, storage, energy. The next step is the physical world. Physical AI deployment is next. That is the next trillion dollar opportunity. $TSLA is a clear potential winner but my view is what is next $MU or $DDOG.

isospeedrix

Out of all fucking this things it was SNOW that saved software

DrWorstCaseScenario

Ah well STC the last 2x SNOW 5/29 260c @0.08; 5x0.3 -> 3x0.7 +2x0.08 1.5 -> 2.26; 51% profit

DrWorstCaseScenario

Ah well STC the last 2x SNOW 5/29 260c @0.08; 5x0.3 -> 3x0.7 +2x0.08 1.5 -> 2.26; 51% profit

kumako10

buy what you use: SNOW, OKTA, reddit. should've yoloed into these earlier

Put_Er_There_Sport

If you bought SNOW at IPO and didnt sell til today youre back up 7%

Complexity323

Yeah application AI - primarily software companies who will monetize AI - NOW SNOW ADBE PLTR IGV MSFT

Overflow0X

What earnings you regards playing for next week? A bagger like SNOW or DELL

DrWorstCaseScenario

Limit sell order triggered a bit ago; STC 3x SNOW 5/29 260c @0.7; 5x0.3 -> 3x0.7; 1.5 -> 2.1; 40% profit plus 2 runners

DrWorstCaseScenario

Limit sell order triggered a bit ago; STC 3x SNOW 5/29 260c @0.7; 5x0.3 -> 3x0.7; 1.5 -> 2.1; 40% profit plus 2 runners

Horror-Career-335

I hope buying ZS dip works. I sold out of SOXX and SNOW to average down

Swiftnice

It's so pathetic it needed SNOW to give it a temporary pump.

j_b_1983

SNOW is rocketing again!

DrWorstCaseScenario

STC 2x SNOW 5/29 240c @10; 6.5 -> 10; 54% profit. Still holding 5x snow 5/29 260c @0.3

DrWorstCaseScenario

STC 2x SNOW 5/29 240c @10; 6.5 -> 10; 54% profit. Still holding 5x snow 5/29 260c @0.3

KimJongUnsTrousers

Finally made a right call. ORCL finally clearing 200 level is starting the next run up phase helped by SNOW and DELL earnings. 200 now the new floor and blue sky to 300

DerNeko

people tried to buy SNOW and got confused (?)

MapleBabadook

I'm sure absolutely no one will get confused by this and buy SNOW stock instead.

Qlimaxsc2

SNOW

KindergartenDJ

I watched SNOW and it took 30%+ yesterday lol. Too late I gues