Snowflake and Workday Lead Enterprise Software Rally as Fintech Names Sink

As seen on the 24/7 Wall St. homepage on July 29, 2026.

Biggest movers · At the close Jul 29, 4:10pm ET

Gainers

SNOWSnowflake$289.12+6.9%
WDAYWorkday$168.28+5.4%
IOTSamsara$39.28+4.8%
GTLBGitLab$34.48+4.6%
DOCUDocuSign$58.54+4.6%

Losers

LMNDLemonade$48.26-22.3%
FVRRFiverr International$9.25-20.2%
HIMSHims & Hers$25.38-13.4%
CIFRCipher Mining$18.11-11.3%

Enterprise software stocks surged as Snowflake and Workday led gainers, while fintech and consumer tech names collapsed on earnings misses and guidance cuts.

Continue ReadingShow less

Snowflake (SNOW) was the session's standout gainer among enterprise software names, closing at $289.12 after rising nearly 7%. Workday (WDAY) followed close behind with a 5.4% advance to $168.28, and the momentum carried through the broader cloud software space with Samsara, GitLab, and DocuSign each adding between 4.6% and 4.75% on the day.

The picture was far grimmer on the losing side, where earnings misses and guidance cuts hit fintech and consumer tech stocks hard. Lemonade (LMND) was the worst performer in the session, tumbling 22.3% to close at $48.26. Fiverr International (FVRR) wasn't far behind, dropping 20.2% to $9.25, while Hims & Hers (HIMS) shed 13.4% to $25.38.

Are You Ready To Retire, Or Years Behind?

Most Americans suspect they're behind on retirement and never find out. Advisor.com's free matching tool pairs you in about three minutes with a vetted fiduciary advisor who can help you with investing, taxes, retirement, estate planning, and more. No minimums. No sales call. Find out where you stand.

Cipher Mining (CIFR) also ended sharply lower, falling 11.3% to $18.11, adding a crypto-infrastructure name to an otherwise software-and-fintech sell-off. The divergence between the enterprise software gainers and the fintech and consumer tech losers was the defining story of the July 29 close, underscoring how selectively the market is rewarding and punishing companies around earnings season.

Sources

Mentioned: SNOW, WDAY, LMND, FVRR, HIMS, CIFR, IOT, GTLB

Related Market Updates

Biggest movers · At the close Sep 16, 4:10pm ET

Gainers

CIFRCipher Mining$16.66+10.4%
BRKRBruker$60.87+9.2%
IQiQIYI$1.08+8.0%
COHRCoherent$290.33+7.1%
AXONAxon Enterprise$471.39+6.6%

Losers

ONON Semiconductor$66.66-8.9%
FANGDiamondback Energy$195.04-7.8%
APPSDigital Turbine$10.78-5.3%
ACHRArcher Aviation$5.22-4.6%
DUOLDuolingo$148.19-3.7%

Cipher Mining closed the session up 10.4% at $16.66, the widest gain across 111 priority names. At the other end, ON Semiconductor gave up 8.9% and Diamondback Energy 7.8%, a roughly 19-point spread between the best and worst names on the day.

PODCAST Mad Money w/ Jim Cramer Jim Cramer · 51 min

Sep 15, 7:15pm ET

Mad Money w/ Jim Cramer 9/15/26

Jensen Huang pegs each gigawatt of Nvidia AI factory buildout at roughly $50 billion to $60 billion
Huang rejects the AI slowdown case, saying safety is an engineering problem, not a reason to pause
Cramer broadcasts from Dreamforce with Salesforce's Marc Benioff and OpenAI CFO Sarah Friar on deck

Huang is putting a price tag on the buildout: $50 billion to $60 billion per gigawatt, with thousands of companies building. It answers the slow-down-AI camp on a day stocks sold off on surging oil and bond yields.

Biggest movers · At the close Sep 14, 4:10pm ET

Gainers

ZSZscaler$192.17+16.8%
RBRKRubrik$99.51+14.8%
SSentinelOne$22.64+14.6%
PANWPalo Alto Networks$374.56+13.3%
IOTSamsara$42.98+12.0%

Losers

COHRCoherent$267.13-12.5%
ALABAstera Labs$257.28-11.7%
HPEHewlett Packard Enterprise$55.59-10.5%
ARMArm$240.05-9.3%
AAOIApplied Optoelectronics$96.14-8.8%

Zscaler finished Monday up 16.8% at $192.17 while Coherent shed 12.5%. Four of the top five gainers are cybersecurity names, and four of the five losers are chip and infrastructure plays.

IOT Samsara

Regular session

Sep 14, 1:20pm ET

$42.27

+8.01% open $39.14

An 8% intraday jump to $42.28 adds roughly $1.2 billion to Samsara's $16.1 billion market cap in a single session. Moves this size are rare for this name, so keep an eye on whether it holds into the close.

Biggest movers · At the close Sep 11, 4:10pm ET

Gainers

HPEHewlett Packard Enterprise$61.96+12.2%
DELLDell Technologies$564.87+11.5%
ONON Semiconductor$75.86+8.1%
SMCISuper Micro Computer$40.08+7.2%
CIFRCipher Mining$16.9+6.0%

Losers

SMRNuScale Power$8.7-14.8%
DOCNDigitalOcean$121.99-6.9%
SNDKSanDisk$1,632.76-3.5%
RBRKRubrik$86.6-2.6%
NETCloudflare$303.72-2.4%

Server hardware owned Friday's close: Hewlett Packard Enterprise added 12.2% and Dell 11.5%, with ON Semiconductor and Super Micro also finishing up more than 7%. NuScale Power sat at the other extreme, down 14.8% to $8.70.

Biggest movers · At the close Sep 9, 4:10pm ET

Gainers

NETCloudflare$314.35+10.6%
SKHYSK hynix Inc.$199.42+7.5%
METAMeta$653.65+6.5%
DOCNDigitalOcean$134.3+6.0%
HPEHewlett Packard Enterprise$58.67+4.7%

Losers

CIFRCipher Mining$16.93-8.6%
LYFTLyft$14.96-7.9%
LCIDLucid$4.29-7.5%
BRKRBruker$54.46-6.7%
ASANAsana$8.23-6.4%

Cloudflare closed up 10.57% at $314.35, the biggest gain across 111 priority names. Cipher Mining shed 8.56% and Lyft 7.91% at the other extreme.

52-week highs Sep 4, 6:00pm ET

5 stocks hit new 52-week highs this week

DELLDell Technologies$524.14+6.0%
SNOWSnowflake$337.18+5.7%
BOXBox$35.19+3.5%
PFEPfizer$28.45+1.6%
CVXChevron$208.6+1.2%

Five stocks cleared 52-week highs this week: Dell topped its prior peak by 6% at $524.14, with Snowflake close behind at 5.7%. Box, Pfizer and Chevron rounded out the list with narrower breakouts.

IOT Samsara

Regular session

Sep 4, 11:20am ET

$40.30

-10.26% open $44.90

A 10.3% slide to $40.30 the day after a Q2 FY27 earnings beat says holders are repricing the guidance. Keep an eye on whether the stock stabilizes above the open.

the data-platform rivalry · 3y Sep 3, 6:00pm ET

$10K invested in each — worth today:

PLTR$120.0K12.0×

SNOW$22.4K2.2×

A $10,000 stake held three years in the data-platform market is now $120,007 in Palantir and $22,366 in Snowflake. Owning the wrong one of the pair cost roughly $98,000.

Biggest movers · At the close Sep 3, 4:11pm ET

Gainers

SNOWSnowflake$359.14+17.4%
CIFRCipher Mining$17.37+14.4%
MARAMarathon Digital$11.69+11.6%
APPSDigital Turbine$10.73+9.7%
PLTRPalantir$183.01+8.0%

Losers

GPROGoPro$1.4-17.2%
AMCAMC Entertainment$2.53-4.4%
BROSDutch Bros$46.62-3.1%
HIMSHims & Hers$27.83-3.0%
LCIDLucid$4.58-2.9%

Snowflake closed 17.43% higher, the biggest single-day move in a 111-stock priority universe. Only three other names in that group gained more than 9%.

IOT Samsara

Q2 2027

Sep 3, 4:10pm ET

EPS

$0.20

est $0.16 +27.4%

Revenue

$508M

est $483M +5.2%

Samsara's growth is now concentrated in its largest accounts: million-dollar customers make up over $500 million of $2.12 billion ARR and are growing more than 50% year over year, the third straight quarter at that pace. Management raised full-year revenue guidance to as much as $2.047 billion with a 21% non-GAAP operating margin.

CIFR Cipher Mining

Regular session

Sep 3, 11:40am ET

$17.02

+12.83% open $15.08

A 12.8% intraday jump to $17.02 adds real money to a $7.1 billion market cap in one session. Moves this size rarely settle quietly in this name, so keep an eye on whether it holds into the close.