Snowflake Stock Surged 6% Pre-Market Today: What’s The Palantir Angle?

Snowflake Inc. (SNOW) and Palantir Technologies Inc. (PLTR) announced a strategic collaboration on Thursday, aimed at unifying their AI platforms to streamline how organizations use data. 

The partnership will integrate Snowflake’s AI Data Cloud with Palantir Foundry and Palantir Artificial Intelligence Platform (AIP), enabling companies to build more secure and efficient data systems for analytics and AI development.

The joint effort is likely to provide commercial and public sector clients with enhanced interoperability through the combination of Snowflake Iceberg Tables and Palantir’s platforms. This setup eliminates the need for data duplication and enables bidirectional access to information across both systems. 

Following the announcement, Snowflake stock traded over 6% higher, and Palantir stock inched 0.9% higher in Thursday’s premarket. 

On Stocktwits, retail sentiment around Snowflake shifted to ‘neutral’ from ‘bearish’ territory the previous day amid ‘normal’ message volume levels. 

By integrating Snowflake’s cloud data infrastructure with Palantir’s operational AI capabilities, businesses can accelerate how they turn data into insights. 

“With this partnership, we’re providing our customers with the solutions they need today to be at the forefront of AI innovation, while also preparing them for the future by committing to close collaboration with the Palantir team to achieve their full potential through data and AI,” said Snowflake Chief Revenue Officer Mike Gannon. 

Power management company Eaton is among the first to leverage the integration. “With a native integration between Snowflake and Palantir, two of our strategic technology partners, we eliminate tedious data movement tasks allowing us to focus on delivering outcomes ranging from agentic configuration, pricing and quoting to digital twins on our shop floor and improved servicing of our products in the field,” said Chief Data Officer, Eaton, Ross Schalmo.

Snowflake stock has gained over 55% in 2025 and over 102% in the last 12 months. 

Also See: Nvidia Expands AI Empire Down Under — Chipmaker Plugs Into Australia With 54,000 GPUs To Power Massive Data Center

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