BitcoinEthereumNews·
The post Snowflake (SNOW) Stock Surges 100% From Low: Can the Rally Continue? appeared on BitcoinEthereumNews.com. Key Highlights Q1 product revenue reached $1.33B, marking a 34% year-over-year increase and surpassing the company’s $1.26B projection Earnings per share of $0.39 exceeded Wall Street’s $0.32 expectation; annual product revenue outlook increased to $5.84B Approximately all 13,912 Snowflake customers have adopted at least one AI-powered product Analysts maintain a consensus “Moderate Buy” recommendation with a mean price target near $284, suggesting approximately 14% potential upside Former CEO and Director Frank Slootman divested 400,000 shares worth roughly $93.4M through a scheduled 10b5-1 trading arrangement on May 28 Shares of Snowflake (SNOW) are currently changing hands around $256, climbing more than 7% in Monday’s session and representing a gain of over 100% from the 52-week bottom of $118.30 reached in April. The rally followed the data cloud provider’s impressive
Read full articleSoftBank's massive AI investment signals a transformative shift in tech priorities, potentially reshaping global economic and innovation landscapes. The post SoftBank CEO Masayoshi Son says AI revolution is 50x bigger than dotcom boom appeared first on Crypto Briefing.
The post Euro: Supported by ECB hikes and AI investment – BNP Paribas appeared on BitcoinEthereumNews.com. BNP Paribas projects Eurozone Gross Domestic Product (GDP) growth slowing from 1.5% in 2025 to 1.0% in 2026 and 1.3% in 2027, with inflation rebounding to 3.0% and 3.3%. Activity is seen withstanding the energy shock thanks to investment in defence, AI and electrification. The European Central Bank (ECB) is expected to deliver two 25 bp hikes in 2026, while EUR/USD is forecast at 1.21 by Q4 2026 and 1.25 by Q4 2027. Eurozone growth slows but stays resilient “Eurozone growth would slow due to spillovers from the Middle East conflict.” “GDP growth, which reached 1.5% in 2025, would slow down to 1.0% in 2026 and 1.3% in 2027, while inflation would rebound to 3.0% in 2026 and 3.3% in 2027 (compared to 2.1% in 2025).” “Activity would nevertheless withstand the energy shock, supported by investment in defence, AI, and electrification, which should continue to boost intra-EU trade.” “As
The post Snowflake Stock Analysis: 250–261 Key Levels After Earnings appeared on BitcoinEthereumNews.com. Snowflake Stock surged after earnings, breaking into a higher zone with a bullish daily trend yet tactically stretched. Intraday structure confirms the move, while short-term momentum cools, arguing for a bullish bias with elevated shakeout risk around nearby pivots. SNOW — daily chart with candlesticks, EMA20/EMA50 and volume. Snowflake Stock daily setup: powerful uptrend, overbought risk Trend and moving averages Friday’s close at 255.55 sits far above the 20-, 50-, and 200-day EMAs at 175.92, 166.02, and 185.51. EMAs are stacked, and price is well above them — a strong uptrend, but extended. Momentum, bands, and pivots Meanwhile, the daily RSI14 is 86.92 (overbought momentum — ripe for a pause rather than a fresh chase). Daily MACD shows a line at 17.42 versus a 7.71 signal with a 9.72 histogram (powerful upside impulse — momentum phase still active). Additionally, Bollinger Ban
Cadence's AI-driven chip design innovation could drastically reduce development time, reshaping industry standards and competitive dynamics. The post Cadence Design Systems launches ChipStack AI Super Agent with Nvidia at Computex 2026 appeared first on Crypto Briefing.
AI-driven changes are reshaping investment strategies, challenging traditional approaches in volatile markets. The post Erik Brooks: Effective questioning enhances decision-making, understanding risk and return is vital in volatile markets, and AI is reshaping investment strategies | Capital Allocators appeared first on Crypto Briefing.
The post Humanity H price rally lifts on AI buzz amid Bitcoin weakness appeared on BitcoinEthereumNews.com. Humanity H price rally is drawing attention at a time when much of crypto is still struggling to find its footing. On June 1, 2026, Humanity (H) climbed to a new all-time high of $0.6612, and the move stood out even more because Bitcoin (BTC) had slipped to the $73,000 level. That contrast is part of what makes the rally notable. While the broader cryptocurrency market is described as being in bear territory, Humanity pushed higher with unusual force, fueled by AI excitement and a burst of online attention. According to CoinGecko data, the token rose 70.1% over the last 24 hours and 241.8% over the last month. Those are the kinds of gains that quickly pull in traders, especially when the rest of the market is dealing with pressure, corrections, and shaky sentiment. In this case, the Humanity H price rally has become one of the clearest examples of how a strong narrative can overp
Cadence's AI-driven chip design innovation could drastically reduce development time, reshaping industry standards and competitive dynamics. The post Cadence Design Systems launches ChipStack AI Super Agent with Nvidia at Computex 2026 appeared first on Crypto Briefing.
The post Dow Jones futures rise on AI optimism after strong May gains appeared on BitcoinEthereumNews.com. Dow Jones futures advance 0.10% to near 51,130, while S&P 500 futures gain 0.22% toward 7,580. Meanwhile, Nasdaq 100 futures rises 0.48%, trading near 30,550 during the European hours on Monday, ahead of the US regular opening. US stock futures edge higher following a strong May on Wall Street, continuing the momentum that saw the Dow Jones advance 2.79%, the S&P 500 climb 5.15%, and the Nasdaq 100 surge 8.36%. Market sentiment improves, driven by the technology sector, where investor enthusiasm for artificial intelligence-related developments shows no signs of slowing down. Further bolstering market confidence is a highly successful first-quarter earnings season. Meanwhile, the US and Iran agreed to a 60-day memorandum of understanding to maintain the ceasefire, although geopolitical landscape remains fluid as diplomatic channels between Washington and Tehran experience ongoing a
