September 3, 2026

By Nigam Arora

To gain an edge, this is what you need to know today.

AI Trade

Please click here for a chart of Snowflake stock (SNOW).

Note the following:

• The Morning Capsule is about the big picture.  The chart of SNOW stock is being used to illustrate the point. Snowflake is important because its accelerating growth shows enterprise AI spending is broadening beyond chips and data centers into the software and data infrastructure layer.
• The chart shows SNOW is gapping up about 23% after good earnings.
• Snowflake earnings are better than whisper numbers and consensus numbers.  Here are the details:
  • Snowflake reported Q2 EPS of $0.62 vs.