NEW YORK, Feb 13, 2026, 19:04 EST — Trading after hours.
- Snowflake jumped 5.4% Friday, with shares changing hands at $182.29 after hours.
- Snowflake’s AI ambitions got another boost after teaming up with U.S. Figure Skating.
- With a holiday-shortened week on deck, traders are eyeing Snowflake’s results coming late February as the next potential mover.
Snowflake Inc (SNOW) popped 5.4% Friday, with shares last changing hands at $182.29 after hours.
Markets continue to seesaw between “rates up” and “rates down” themes, swinging high-growth software valuations around. Friday saw U.S. Treasury yields drop following softer inflation data, though tech shares finished in the red and the Nasdaq dipped. “Either way, it is a bit of good news as we head into the long holiday weekend,” said Tim Holland, chief investment officer at Orion. (Reuters)
Snowflake’s story right now pivots on a single question: will customers keep putting money into data and analytics when purse strings tighten? Because the company bills a lot of its clients by usage, shifts in consumption habits tend to hit the numbers right away—and can disappear just as quickly.
Snowflake spotlighted its “Snowflake Intelligence” platform in a fresh collaboration with U.S. Figure Skating, according to a Business Wire release. The company pitches Snowflake Intelligence as an “enterprise intelligence agent,” built to handle plain-language queries and pull up relevant insights. Through the partnership, Snowflake plans to link data across scoring, operations, and fan engagement. “In a sport defined by precision and edge, turning insight into action is critical,” said Denise Persson, Snowflake’s Chief Marketing Officer. (Barchart)
U.S. Consumer Price Index numbers landed at a 0.2% gain for January, putting annual inflation at 2.4%, according to the Bureau of Labor Statistics. Stripping out food and energy, core CPI climbed 0.3% over the month and 2.5% from a year ago. (Bureau of Labor Statistics)
Still, some economists cautioned that the Federal Reserve isn’t likely to move quickly on rate cuts. “We expect inflation to remain somewhat sticky in the first half of the year,” said Lydia Boussour, senior economist at EY-Parthenon, speaking with Reuters. (Reuters)
Snowflake keeps rolling out new features, though these updates don’t often spark much action in the stock. On Thursday, the company’s release notes highlighted that Data Clean Rooms now includes “custom registries,” which lets users better organize and control resource access during collaborations. That’s targeted at firms looking to share data without opening up the underlying records. (Snowflake Documentation)
Snowflake agreed to a $200 million deal with OpenAI earlier this month, aiming to weave OpenAI’s models into its data platform and roll out AI agents for enterprise workflows, Reuters reported. According to the companies, these new tools will let users interact with corporate data using natural language instead of code. (Reuters)
Snowflake is slated to release its fourth-quarter and full-year fiscal 2026 numbers after the U.S. market wraps on Feb. 25, with a conference call set for 3 p.m. Mountain time, according to the company. CEO Sridhar Ramaswamy and CFO Brian Robins are also booked to speak at the Morgan Stanley Technology, Media & Telecom Conference on March 3. (Business Wire)
This knife swings both ways. Yields spike again, or management hints at weak usage? Snowflake’s multiple could shrink in a hurry, particularly with investors still jumpy about cloud data platform competition.
There’s also the calendar to consider. U.S. equity markets will be shut on Monday, Feb. 16, for Washington’s Birthday, the NYSE holiday schedule shows. (New York Stock Exchange)
SNOW traders are watching Feb. 25 for the next real catalyst: earnings, new guidance, and a closer look at whether the much-touted AI “agent” push is translating to actual paid usage.
