L0 Event Field BUILT
Raw signal layer. Every event becomes a point in a 1,536-dimensional semantic space at the timestamp of its occurrence, with actors linked, source, relevance, and a data-quality flag.
adds Captures every news, filing, transcript, and social post naming SNOW, point-in-time, ready for upstream clustering.
today 358 events naming SNOW in the 132-day window where every layer has coverage (1,132 in the full L0 corpus). Sources: NewsAPI, Finnhub news + transcripts, Reddit, X-amplification, SEC filings.
events per day naming SNOW 358 total · peak 73 on 05-28
Peak day sample: “Social Buzz: Wallstreetbets Stocks Mixed Premarket Thursday; Snowflake to Advance, AST SpaceMobile to Decline”
Coverage gap 51 of 132 days in this window had zero events for SNOW — longest gap 12 consecutive days. Some of this is real news quietness; some reflects pipeline gaps in Dec 2025 / Jan 2026 / early Feb 2026 (post-holiday weeks where fetch_today.py ran in degraded mode). A targeted gap backfill ran on 2026-05-18 to repair this; daily health checks were added downstream to prevent recurrence.
L1 Narrative Field BUILT / SHADOW VALIDATED
Events embed into a shared semantic space and cluster into coherent storms. Each storm has a stable ID that persists across days through F-002 lineage matching.
adds Places SNOW inside a named narrative each day — and tracks when its center of mass shifts to a different one.
today Primary cluster: “salesforce / snowflake / cloud” . Density (7d): 0.226 (momentum +0.022 , novelty 0.26 ). Cluster labels are auto-generated from the full event neighborhood — actor membership reflects shared AI-sector coverage, not exclusive company-specific coverage.
SNOW’s primary cluster over time 99 distinct clusters · 103 transitions
Colored band = primary cluster label. Line = semantic_density_7d. Cluster transitions are where the actor’s narrative center of mass shifted.
2026-01-02
Snowflake growth and earnings insights
2d in this narrative
2026-02-10
Corporate filings and disclosures
4d in this narrative
2026-03-19
Market Sentiment and Investment Strategies
1d in this narrative
2026-04-27
Earnings season insights and stock analysis
8d in this narrative
L2 Expectation Field BUILT V1
Forward views per actor, embedded into the same semantic space and attached to their nearest L1 storm.
adds Turns SNOW's narrative position into a directional thesis with conviction — a daily forward expectation.
today Latest: mixed rotational at conviction 0.60 . “SNOW's current state of disagreement, where price is rejecting a negative narrative, suggests resilience despite the stalling data cloud growth story. With a positive relative return of +51.0% and negative NDS of -264.2, the stock is displaying a strong price performance even as ”
SNOW’s daily expectation 130 days · direction = bar color · conviction = bar height
2025-11-24 · bearish_continuation · conv 0.75 — Given the current state of negative confirmation and a stalling narrative, SNOW is likely to experience continued downward pressure in the near term. The divergence seen in the broader sector suggests that positive sentiment may not translate into price recovery soon. 2025-11-25 · bearish_continuation · conv 0.75 — The negative confirmation state suggests continued downward pressure on SNOW's price in the near term, as the narrative around data cloud growth stalls. Expect limited recovery as market sentiment remains bearish. 2025-11-26 · bearish_continuation · conv 0.80 — In the next 1-2 months, expect continued downward pressure on SNOW as the negative confirmation state suggests persistent selloff behavior, reinforcing the stalled narrative. The broader growth software sector also shows signs of divergence, indicating a challenging environment f 2025-11-28 · bearish_continuation · conv 0.75 — The next 1-2 months are likely to see continued pressure on SNOW as the negative confirmation state indicates persistent selloff behavior. The stalling data cloud growth narrative suggests limited upside potential in the near term. 2025-12-01 · mixed_rotational · conv 0.65 — In the next 1-2 months, SNOW may experience volatility as the market grapples with the stalling data cloud growth narrative. The current disagreement state suggests potential for a rebound, but caution is warranted given the recent negative trajectory. 2025-12-02 · mixed_rotational · conv 0.65 — The next 1-2 months may see continued volatility as price reacts to a stalling narrative. Despite recent price resilience, underlying negative sentiment remains a concern. 2025-12-03 · mixed_rotational · conv 0.65 — In the next 1-2 months, SNOW may experience volatility as it navigates the stalling growth narrative. The current disagreement indicates potential for price fluctuations amid mixed market reactions. 2025-12-04 · bearish_continuation · conv 0.80 — The current negative confirmation state suggests continued pressure on the stock, with the narrative of stalled growth likely to weigh heavily in the near term. Expect further declines as market sentiment remains pessimistic. 2025-12-05 · bearish_continuation · conv 0.75 — The next 1-2 months are likely to see continued pressure on SNOW as the negative confirmation state persists, indicating further selloff risks. The stalling data cloud growth narrative suggests that recovery may be limited without a significant shift in sentiment. 2025-12-08 · bearish_continuation · conv 0.75 — The structural picture indicates continued bearish pressure as the data cloud growth narrative remains stalled. Expect further selloff in the near term as the market reacts to this confirmation. 2025-12-09 · bearish_continuation · conv 0.75 — Given the current negative confirmation and stalling narrative, SNOW is likely to continue facing downward pressure in the short term. The trajectory suggests persistent challenges in regaining market confidence. 2025-12-10 · bearish_continuation · conv 0.75 — The structural picture indicates ongoing negative confirmation, suggesting further weakness in the near term. Continued pressure from the stalled growth narrative may lead to additional declines over the next couple of months. 2025-12-11 · bearish_continuation · conv 0.80 — Given the current negative confirmation state and stalled narrative, further downward pressure on price is expected in the near term. The narrative struggles indicate a lack of investor confidence, likely leading to continued selloff. 2025-12-12 · bearish_continuation · conv 0.75 — The negative confirmation state suggests continued downward pressure on price in the coming months, as the data cloud growth narrative remains stalled. Expect further selloff as the narrative fails to translate into positive price action. 2025-12-15 · bearish_continuation · conv 0.75 — The negative confirmation state suggests continued downward pressure on SNOW's price. The stalling narrative around data cloud growth is unlikely to regain momentum in the near term. 2025-12-16 · bearish_continuation · conv 0.75 — Given the persistent negative confirmation state and stalling narrative, SNOW is likely to experience continued downward pressure in the near term. The trajectory indicates a lack of recovery in momentum. 2025-12-17 · mixed_rotational · conv 0.65 — The divergence between the narrative and price movement suggests potential volatility ahead. While there is some positive momentum, the overall narrative stalling may limit upside in the near term. 2025-12-18 · bearish_continuation · conv 0.75 — The current structural picture suggests continued pressure on SNOW as the growth narrative stalls, with potential for further price declines in the coming months. A divergence from peers indicates a lack of momentum despite a slight positive relative return. 2025-12-19 · bearish_continuation · conv 0.75 — Given the current structural state of negative confirmation and a stalling narrative, expect continued pressure on SNOW's price over the next 1-2 months. The recent trajectory indicates a persistent selloff that is likely to affect performance further. 2025-12-22 · mixed_rotational · conv 0.65 — In the next 1-2 months, SNOW may experience volatility as it navigates a stalling growth narrative while showing signs of price resilience. The disagreement state suggests potential for both upward and downward movement based on market sentiment. 2025-12-23 · bearish_continuation · conv 0.75 — The data cloud growth narrative appears to be stalling, leading to continued negative confirmation in market sentiment. Expect further downward pressure in the near term as the narrative remains weak. 2025-12-24 · bearish_continuation · conv 0.75 — The ongoing negative confirmation state suggests continued pressure on SNOW's stock as the data cloud growth narrative stalls. Expect further declines in the near term as the market digests this narrative. 2025-12-26 · bearish_continuation · conv 0.75 — The outlook remains bearish as the negative confirmation state persists, indicating continued selling pressure. The data cloud growth narrative is stalling, and without a shift in sentiment, further declines are likely in the near term. 2025-12-29 · bearish_continuation · conv 0.70 — The structural picture indicates a continued bearish trend, with the data cloud growth narrative stalling and negative confirmation persisting. Expect further downward pressure in the coming months. 2025-12-30 · bearish_continuation · conv 0.75 — Expect continued negative sentiment and potential price declines as the data cloud growth narrative remains stalled. The recent selloff confirms this bearish trend. 2025-12-31 · bearish_continuation · conv 0.75 — The outlook for SNOW remains bearish as the data cloud growth narrative is stalling, confirmed by persistent negative trajectory indicators. Expect continued pressure on stock performance in the near term. 2026-01-02 · bearish_continuation · conv 0.75 — The next 1-2 months are expected to see continued pressure on SNOW, as the negative confirmation state suggests persistent headwinds from the stalling growth narrative in the data cloud sector. 2026-01-05 · bearish_continuation · conv 0.75 — The current structural picture suggests ongoing challenges for SNOW, with a confirmed negative narrative and a selloff trend. Expect continued pressure in the near term as sentiment remains weak. 2026-01-06 · mixed_rotational · conv 0.65 — In the next 1-2 months, SNOW may experience volatility as the market grapples with conflicting narratives. The recent disagreement suggests potential for a rebound, but the stalling growth narrative remains a concern. 2026-01-07 · bearish_continuation · conv 0.70 — The next 1-2 months are likely to see continued pressure as the data cloud growth narrative struggles to gain traction. While there is some price resilience, the overall sentiment remains negative. 2026-01-08 · bearish_continuation · conv 0.75 — The outlook for SNOW remains negative as the data cloud growth narrative stalls, reinforcing selloff trends. Expect continued pressure in the coming months amid a backdrop of strong competition in the sector. 2026-01-09 · bearish_continuation · conv 0.75 — The negative confirmation state indicates ongoing selling pressure, with the narrative of data cloud growth stalling likely to persist in the near term. Expect further price decline as market sentiment remains weak. 2026-01-12 · bearish_continuation · conv 0.75 — The structural picture indicates continued weakness, with negative confirmation likely persisting in the near term. Price may remain under pressure as the data cloud growth narrative stalls. 2026-01-13 · bearish_continuation · conv 0.75 — The next 1-2 months are likely to see continued bearish pressure as the negative confirmation state persists, coupled with a stalled growth narrative in the data cloud sector. 2026-01-14 · bearish_continuation · conv 0.75 — The structural picture suggests continued pressure on SNOW's performance, with a bearish trend expected in the next 1-2 months as the negative confirmation state persists. The stalling data cloud growth narrative indicates limited recovery potential in the near term. 2026-01-15 · bearish_continuation · conv 0.75 — Given the persistent negative confirmation state and the stalling data cloud growth narrative, SNOW is likely to face continued downward pressure in the near term. The trajectory suggests a struggle to regain positive momentum. 2026-01-16 · bearish_continuation · conv 0.75 — The outlook for SNOW remains negative, with continued confirmation of a selloff and a stalling growth narrative. Expect further downward pressure in the coming months. 2026-01-20 · bearish_continuation · conv 0.75 — Given the persistent negative confirmation state and declining narrative strength, we expect continued downward pressure on SNOW's performance in the coming months. The selloff appears to be confirming the stalling growth narrative. 2026-01-21 · bearish_continuation · conv 0.75 — The structural picture indicates continued pressure on SNOW, with the negative confirmation state likely to persist in the near term. The stalling narrative suggests further challenges in price recovery over the next couple of months. 2026-01-22 · mixed_rotational · conv 0.65 — In the next 1-2 months, SNOW may experience continued price volatility as the narrative around data cloud growth remains under pressure, but recent disagreement signals suggest potential for stabilization. The mixed signals from peers imply that SNOW could navigate a complex envi 2026-01-23 · bearish_continuation · conv 0.75 — The structural indicators suggest continued challenges for SNOW, with negative confirmation in narrative and a downward trajectory. Expect further price weakness in the near term as the growth narrative stalls. 2026-01-26 · bearish_continuation · conv 0.75 — The next 1-2 months are likely to see continued pressure on SNOW's price as the negative confirmation state persists, coupled with a stalling data cloud growth narrative. Structural headwinds suggest further declines are probable. 2026-01-27 · bearish_continuation · conv 0.75 — The outlook remains negative as the data cloud growth narrative stalls, with consistent selloff confirming the bearish trend. Expect further downward pressure in the near term as sentiment continues to weaken. 2026-01-28 · bearish_continuation · conv 0.75 — The outlook remains negative as the data cloud growth narrative is stalling, confirmed by recent selloffs. Expect continued downward pressure in the coming months. 2026-01-29 · bearish_continuation · conv 0.75 — The current structural state suggests continued negative pressure on price as the data cloud growth narrative stalls. Expect further selloff confirmation in the coming months. 2026-01-30 · bearish_continuation · conv 0.75 — The current trajectory indicates continued selloff pressure as the data cloud growth narrative shows signs of stalling, with negative confirmation persisting. Expect further challenges in the coming months as market sentiment remains bearish. 2026-02-02 · bearish_continuation · conv 0.75 — The outlook for Snowflake remains bearish as the negative confirmation state persists, indicating ongoing selloff pressure. The narrative around data cloud growth is failing to translate into positive price action, suggesting further weakness ahead. 2026-02-03 · bearish_continuation · conv 0.75 — Given the persistent negative confirmation and the broader software sector under pressure, SNOW is likely to continue facing downward price movement in the near term. The ongoing narrative stalling indicates challenges ahead for recovery. 2026-02-04 · bearish_continuation · conv 0.75 — The data cloud growth narrative is under significant pressure, and with negative confirmation persisting, a further decline in price is anticipated over the next couple of months. Structural indicators suggest that investor sentiment remains bearish. 2026-02-05 · bearish_continuation · conv 0.85 — The structural picture indicates a continuation of negative confirmation, with the data cloud growth narrative failing to translate into positive price movement. Expect sustained downward pressure in the near term as sentiment remains weak. 2026-02-06 · bearish_continuation · conv 0.80 — The next 1-2 months are likely to see continued pressure as the negative narrative surrounding data cloud growth persists, compounded by broader sector weaknesses. A sustained selloff is expected unless a shift in narrative occurs. 2026-02-09 · bearish_continuation · conv 0.75 — The outlook remains bearish as the narrative around data cloud growth stalls, with sustained negative confirmation in price action. Expect continued downward pressure in the coming months as the market digests these concerns. 2026-02-10 · inflection_pending · conv 0.65 — The next 1-2 months may see continued volatility as the negative narrative struggles against recent price resilience. A potential shift in sentiment could occur if structural indicators stabilize. 2026-02-11 · bearish_continuation · conv 0.70 — The next 1-2 months are likely to see continued challenges for SNOW as the data cloud growth narrative stalls, with recent disagreement indicating persistent negative sentiment. Expect volatility as the market assesses the implications of this trend. 2026-02-12 · mixed_rotational · conv 0.65 — The next 1-2 months may see continued volatility as the market reacts to the stalling growth narrative, although the recent price behavior shows some resistance to negative sentiment. Expect potential sideways movement as investors reassess fundamentals. 2026-02-13 · bearish_continuation · conv 0.70 — The current structural picture suggests continued pressure on SNOW's price in the near term, as the narrative around data cloud growth remains stalled. The disagreement in state indicates potential volatility, but overall bearish sentiment is likely to persist. 2026-02-17 · mixed_rotational · conv 0.65 — The next 1-2 months may see continued volatility as the data cloud growth narrative struggles to gain traction. The current state of disagreement suggests potential for both upward and downward movements depending on market sentiment. 2026-02-18 · bearish_continuation · conv 0.75 — The structural picture indicates continued challenges for SNOW, with a confirmed negative sentiment likely to persist over the next couple of months. The stalled narrative suggests limited upside potential. 2026-02-19 · bearish_continuation · conv 0.75 — The outlook remains negative as the data cloud growth narrative stalls, confirming ongoing selloff pressures. Expect continued downward trajectory in the near term. 2026-02-20 · bearish_continuation · conv 0.75 — The 1-2 month outlook suggests ongoing challenges for SNOW as the negative confirmation state remains entrenched, indicating a continued selloff in alignment with the stalling growth narrative. Limited positive momentum is expected. 2026-02-23 · bearish_continuation · conv 0.75 — Given the persistent negative confirmation state and the ongoing selloff in the software sector, SNOW is likely to face continued downward pressure in the near term. The stalled growth narrative suggests limited upside potential. 2026-02-24 · bearish_continuation · conv 0.80 — The outlook remains bearish, with continued confirmation of negative sentiment in the data cloud growth narrative. Expect further price weakness as the sector struggles to regain momentum. 2026-02-25 · bearish_continuation · conv 0.75 — The next 1-2 months are likely to see continued downward pressure as the negative confirmation state persists, signaling a lack of bullish momentum. The stall in the data cloud narrative indicates potential further selloff. 2026-02-26 · bearish_continuation · conv 0.75 — Given the current negative confirmation state and the stalling narrative, SNOW is likely to experience continued downward pressure in the near term. The trajectory suggests persistent struggles in regaining positive sentiment. 2026-02-27 · bearish_continuation · conv 0.75 — The negative confirmation state suggests continued downward pressure in the next 1-2 months, as the data cloud growth narrative remains stalled. Further selloff is likely as market sentiment hardens against growth expectations. 2026-03-02 · mixed_rotational · conv 0.65 — In the short term, SNOW's price may continue to show divergence from the negative narrative, indicating potential for stabilization. However, the overall growth narrative appears to be stalling, which could limit upside potential. 2026-03-03 · mixed_rotational · conv 0.65 — The near-term outlook suggests a continued struggle as the negative narrative remains prevalent, but price resilience indicates potential for stabilization. Expect fluctuations as market sentiment evolves. 2026-03-04 · bearish_continuation · conv 0.75 — The growth narrative around data cloud services is stalling, with negative confirmation in recent price movements. Expect continued downward pressure as the market reacts to the lack of positive momentum. 2026-03-05 · mixed_rotational · conv 0.65 — In the short term, SNOW may experience volatility as the market weighs the stalling data cloud growth narrative against recent price resilience. The mixed signals suggest potential for both upward and downward movement. 2026-03-06 · neutral_macro · conv 0.40 — The current state of disagreement coupled with a stalling growth narrative suggests a challenging environment ahead. Expect limited movement in the near term as the market processes conflicting signals. 2026-03-09 · mixed_rotational · conv 0.60 — The next 1-2 months may see continued price volatility as the market grapples with the stalling data cloud growth narrative. Despite a negative narrative backdrop, price action is showing some resilience. 2026-03-10 · mixed_rotational · conv 0.65 — In the next 1-2 months, SNOW may experience continued volatility as the market grapples with a stalling data cloud growth narrative, leading to mixed performance. Investors should watch for signs of stabilization or further dislocation. 2026-03-11 · inflection_pending · conv 0.65 — In the coming months, SNOW may experience volatility as the market assesses the impact of the stalling growth narrative. A potential inflection point could emerge if positive sentiment regains traction. 2026-03-12 · bearish_continuation · conv 0.75 — The outlook for SNOW appears bearish as the negative confirmation state persists, indicating continued selloff pressure. The stalling data cloud growth narrative suggests limited upside potential in the near term. 2026-03-13 · bearish_continuation · conv 0.75 — The outlook indicates continued negative momentum, with the data cloud growth narrative stalling and confirming a bearish trend. Expect ongoing pressure in the coming months as the market reacts to this narrative. 2026-03-16 · bearish_continuation · conv 0.75 — The outlook remains negative as the data cloud growth narrative continues to stall, suggesting further potential downside in the coming months. The recent selloff is reinforcing this negative confirmation. 2026-03-17 · bearish_continuation · conv 0.70 — The next 1-2 months are likely to see continued pressure on SNOW as the narrative around data cloud growth remains stalled. The negative confirmation state suggests a tendency for further selloffs. 2026-03-18 · bearish_continuation · conv 0.75 — The next 1-2 months are likely to see continued negative confirmation of the stalling data cloud growth narrative, with limited potential for recovery in relative performance. Expect further price pressure as the market reacts to the ongoing selloff. 2026-03-19 · bearish_continuation · conv 0.75 — In the coming months, SNOW is likely to experience continued pressure as the negative confirmation state persists, indicating a selloff that aligns with the stalled growth narrative. Market sentiment remains weak, suggesting further challenges ahead. 2026-03-20 · bearish_continuation · conv 0.75 — The outlook for SNOW remains negative as the data cloud growth narrative continues to stall, with persistent confirmation of selloff trends. Expect continued downward pressure in the near term. 2026-03-23 · bearish_continuation · conv 0.75 — The next 1-2 months are likely to see continued downward pressure as the negative confirmation state persists and the data cloud growth narrative remains stalled. Market participants may remain cautious. 2026-03-24 · bearish_continuation · conv 0.75 — With the ongoing negative confirmation and the data cloud growth narrative stalling, SNOW is likely to continue facing selling pressure over the next couple of months. The relative performance against the benchmark suggests a challenging environment ahead. 2026-03-25 · bearish_continuation · conv 0.75 — The next 1-2 months are likely to see continued pressure on SNOW's stock as the negative confirmation state persists, compounded by a stalling data cloud growth narrative. Market sentiment appears to favor other players in the sector, leaving SNOW vulnerable. 2026-03-26 · bearish_continuation · conv 0.75 — The current structural picture indicates ongoing challenges for SNOW, with negative confirmation of the data cloud growth narrative likely leading to further price declines in the coming months. 2026-03-27 · bearish_continuation · conv 0.80 — Given the persistent negative confirmation and a stalling growth narrative, Snowflake is likely to continue facing downward pressure in the near term. The lack of positive momentum suggests further challenges ahead. 2026-03-30 · bearish_continuation · conv 0.80 — Given the persistent negative confirmation state and the stalled data cloud growth narrative, SNOW is likely to face continued downward pressure in the coming months. The recent selloff suggests a lack of investor confidence that could further depress the stock. 2026-03-31 · bearish_continuation · conv 0.75 — The ongoing negative confirmation state suggests continued pressure on SNOW, with potential for further declines in the coming months. The stalling growth narrative in the data cloud sector may exacerbate selling sentiment. 2026-04-01 · bearish_continuation · conv 0.75 — The outlook for the next 1-2 months remains bearish as the negative confirmation state persists, indicating continued challenges in the data cloud growth narrative and a lack of price recovery. 2026-04-02 · bearish_continuation · conv 0.75 — The outlook remains bearish as the negative confirmation state persists, indicating continued selloff pressure amidst a stalling data cloud growth narrative. Expect further downward trajectory in the near term. 2026-04-06 · bearish_continuation · conv 0.80 — The next 1-2 months are likely to see continued pressure on SNOW as the negative confirmation state indicates persistent challenges in the data cloud growth narrative. Expect further selloff as sentiment remains bearish. 2026-04-07 · bearish_continuation · conv 0.75 — The data cloud growth narrative appears to be stalling, leading to ongoing negative confirmation. Expect further downward pressure as the market reacts to the persistent selloff. 2026-04-08 · bearish_continuation · conv 0.75 — The outlook for SNOW remains bearish as the negative confirmation state persists, with a stalled narrative and ongoing price pressure in the growth software sector. Expect continued struggles in the near-term as market sentiment weighs heavily on the stock. 2026-04-09 · bearish_continuation · conv 0.75 — The ongoing negative confirmation state suggests continued downward pressure on SNOW's price, with the data cloud growth narrative struggling to gain traction. Expect a challenging 1-2 months ahead as market sentiment remains bearish. 2026-04-10 · bearish_continuation · conv 0.80 — With the narrative around data cloud growth stalling and consistent negative confirmation, SNOW is likely to face continued downward pressure in the near term. The relative performance against peers indicates a challenging environment for recovery. 2026-04-13 · bearish_continuation · conv 0.75 — The next 1-2 months are likely to see continued downward pressure as the negative confirmation state persists, reflecting broader concerns in the growth software sector. With the narrative stalling, further selloffs may occur. 2026-04-14 · bearish_continuation · conv 0.80 — Given the persistent negative confirmation state and the overall sector pressure, SNOW is likely to continue facing headwinds in the near term. The narrative around data cloud growth remains stalled, suggesting ongoing challenges. 2026-04-15 · bearish_continuation · conv 0.75 — The outlook for the next 1-2 months remains bearish as the narrative around data cloud growth continues to stall, with confirmation of negative sentiment persisting. The relative performance is notably weak, indicating continued selling pressure. 2026-04-16 · inflection_pending · conv 0.65 — As of now, SNOW is exhibiting a disagreement state with a recent uptick in narrative strength, suggesting potential for a short-term rally. However, the persistent negative narrative dislocation score indicates caution ahead. 2026-04-17 · mixed_rotational · conv 0.65 — In the next 1-2 months, SNOW may experience volatility as the market grapples with the conflicting narratives around data cloud growth. The recent uptick in relative performance suggests some bullish sentiment, but the negative narrative dislocation indicates potential headwinds. 2026-04-20 · bearish_continuation · conv 0.70 — The current state suggests ongoing resistance to the negative narrative, but the overall trajectory indicates potential challenges ahead. Expect continued volatility with a bearish tilt as the data cloud growth narrative struggles to regain momentum. 2026-04-21 · bearish_continuation · conv 0.70 — The data cloud growth narrative appears to be stalling, with price movements showing resistance against a negative narrative. Expect continued pressure in the near term as market sentiment remains cautious. 2026-04-22 · mixed_rotational · conv 0.65 — The next 1-2 months may see continued price resistance despite a somewhat stable narrative. The divergence between narrative positivity and price performance suggests potential volatility. 2026-04-23 · bearish_continuation · conv 0.75 — The outlook for SNOW remains negative as the data cloud growth narrative stalls and selloff pressures continue. Expect further price declines as the current narrative fails to support a rebound. 2026-04-24 · bearish_continuation · conv 0.80 — The outlook over the next 1-2 months remains negative, with the current selloff reinforcing the stalled growth narrative. Continued pressure is expected as the market reacts to ongoing confirmation of negative trends. 2026-04-27 · bearish_continuation · conv 0.75 — The outlook remains bearish as the data cloud growth narrative continues to stall and confirm negative sentiment. Price pressure is expected to persist in the coming months, with ongoing selloff dynamics. 2026-04-28 · bearish_continuation · conv 0.75 — The outlook for SNOW remains bearish as the data cloud growth narrative continues to stall, with persistent negative confirmation in price action. Expect continued downward pressure in the near term as market sentiment remains weak. 2026-04-29 · bearish_continuation · conv 0.75 — The ongoing negative confirmation suggests continued downward pressure in the near term, with the narrative failing to translate into price appreciation. Expect further challenges as the market remains skeptical of growth prospects. 2026-04-30 · bearish_continuation · conv 0.75 — Given the persistent negative confirmation state and the stalled data cloud growth narrative, SNOW is likely to continue facing downward pressure in the near term. The recent trajectory suggests that selling momentum may persist, indicating potential further declines. 2026-05-01 · bearish_continuation · conv 0.75 — The structural picture indicates a continued selloff as the narrative around data cloud growth remains weak, with negative confirmation persisting. Expect further downward pressure in the coming months as the market digests these signals. 2026-05-04 · bearish_continuation · conv 0.75 — The current structural state indicates ongoing bearish pressure, with the data cloud growth narrative continuing to stall. Expect further downward movement in the near term as confirmation of negative sentiment persists. 2026-05-05 · bearish_continuation · conv 0.75 — With the current negative confirmation state and a stalling narrative, we expect continued downward pressure on Snowflake's price over the next couple of months. The narrative's failure to translate into positive price action suggests a challenging environment ahead. 2026-05-06 · bearish_continuation · conv 0.75 — The data cloud growth narrative remains stalled, with continued negative confirmation likely leading to further price pressure in the near term. Expect a challenging environment as broader sector trends weigh on performance. 2026-05-07 · mixed_rotational · conv 0.65 — The current disagreement in price action suggests that SNOW may experience volatility as it navigates a stalling growth narrative. Price rejection of negative sentiment could lead to a potential stabilization in the near term. 2026-05-08 · bearish_continuation · conv 0.70 — The next 1-2 months are likely to see continued pressure on SNOW's price as the data cloud growth narrative stalls and broader market conditions remain unfavorable for growth software. Despite some disagreement in narrative and price, the trend suggests a bearish outlook. 2026-05-11 · bearish_continuation · conv 0.80 — The negative confirmation state suggests continued downward pressure on SNOW's price, aligning with the stalling data cloud growth narrative. Expect further selloff as market sentiment remains bearish. 2026-05-12 · mixed_rotational · conv 0.65 — In the next 1-2 months, SNOW's price may continue to reflect a disjointed narrative, oscillating between disagreement and confirmation as market sentiment adjusts. The current disagreement suggests potential volatility ahead. 2026-05-13 · mixed_rotational · conv 0.65 — The current structural picture suggests a potential for stabilization in price, but the ongoing disagreement indicates that upward momentum may be limited in the near term. A close watch on narrative shifts will be critical. 2026-05-14 · bearish_continuation · conv 0.75 — Given the persistent negative confirmation state and the overall pressure on the growth software sector, SNOW is likely to continue facing downward price pressure in the near term. The stalled growth narrative suggests limited upside potential. 2026-05-15 · mixed_rotational · conv 0.65 — In the near term, SNOW may continue to face challenges as the data cloud growth narrative stalls, though recent price rejections suggest potential for stabilization. The mixed signals from peers indicate uncertainty in the sector. 2026-05-18 · mixed_rotational · conv 0.60 — In the coming months, SNOW may experience volatility as it navigates a stalling growth narrative while showing resilience against negative sentiment. Price action could be influenced by broader sector trends and ongoing disagreements in narrative perception. 2026-05-19 · inflection_pending · conv 0.60 — Snowflake's price resilience against a stalling data cloud growth narrative suggests an inflection point is near. With the NDS deeply negative at -48.4, price is leading the narrative, rejecting the negative sentiment that previously dominated. This could indicate potential for a 2026-05-20 · inflection_pending · conv 0.70 — SNOW is currently exhibiting a price rejection of its negative growth narrative, outperforming with a +9.4% relative return despite the stalling data cloud growth story. This contradiction suggests a potential inflection point, as the market's confidence in SNOW's long-term prosp 2026-05-21 · bullish_continuation · conv 0.70 — SNOW's current state of disagreement, with a negative NDS of -60.0, indicates that its price is resisting the negative sentiment surrounding its data cloud growth narrative. Despite the narrative stalling, SNOW has maintained a relative return of +9.8%, suggesting that investor c 2026-05-24 · mixed_rotational · conv 0.60 — Snowflake's price is currently rejecting the negative narrative surrounding its stalling data cloud growth, as evidenced by its relative return of +10.5% against the broader market. This suggests a mixed rotational phase where investors are still willing to back the stock despite 2026-05-25 · mixed_rotational · conv 0.60 — SNOW's price resilience continues to defy the negative sentiment surrounding its data cloud growth narrative. This persistent disagreement state, with a negative NDS of -36.7, suggests that while the market remains skeptical, the price action is still buoyant, outperforming the b 2026-05-26 · inflection_pending · conv 0.70 — Despite a negative narrative around data cloud growth, SNOW's price has consistently rejected this sentiment, maintaining a positive relative return of 8.1%. The persistent state of disagreement suggests an imminent inflection point, where either a narrative shift or a price corr 2026-05-28 · mixed_rotational · conv 0.60 — Despite a stalling data cloud growth narrative, SNOW's price has been resilient, outperforming the broader market with a 4.7% relative return. The negative narrative dislocation score suggests price is leading the narrative, indicating potential for continued price stability as s 2026-05-29 · bearish_continuation · conv 0.70 — SNOW is likely to continue experiencing pressure over the next 1-2 months as its data cloud growth narrative struggles to gain traction. The persistent negative confirmation state suggests that the market is not yet convinced by SNOW's growth prospects, keeping the stock under pr 2026-05-31 · mixed_rotational · conv 0.60 — SNOW's price continues to outperform the broader market despite a stalling growth narrative in the data cloud sector. Given the current state of disagreement, this resilience suggests that investors are still finding value in SNOW's offerings, potentially driven by operational st 2026-06-01 · mixed_rotational · conv 0.60 — SNOW's current state of disagreement, where price is rejecting a negative narrative, suggests resilience despite the stalling data cloud growth story. With a positive relative return of +51.0% and negative NDS of -264.2, the stock is displaying a strong price performance even as Each bar = one day’s forward expectation. Green = bullish, red = bearish, grey = neutral. Bar height = model conviction at parse time (not a calibrated probability).
2025-11-24 FIRST
bearish cont. 0.75
“Given the current state of negative confirmation and a stalling narrative, SNOW is likely to experience continued downward pressure in the near term. The divergence seen in the broader sector suggests that positive sentiment may not translate into price recovery soon.”
2026-01-02
bearish cont. 0.75
“The next 1-2 months are expected to see continued pressure on SNOW, as the negative confirmation state suggests persistent headwinds from the stalling growth narrative in the data cloud sector.”
2026-02-10
inflect. pending 0.65
“The next 1-2 months may see continued volatility as the negative narrative struggles against recent price resilience. A potential shift in sentiment could occur if structural indicators stabilize.”
2026-03-19
bearish cont. 0.75
“In the coming months, SNOW is likely to experience continued pressure as the negative confirmation state persists, indicating a selloff that aligns with the stalled growth narrative. Market sentiment remains weak, suggesting further challenges ahead.”
2026-04-27
bearish cont. 0.75
“The outlook remains bearish as the data cloud growth narrative continues to stall and confirm negative sentiment. Price pressure is expected to persist in the coming months, with ongoing selloff dynamics.”
2026-06-01 TODAY
mixed rot. 0.60
“SNOW's current state of disagreement, where price is rejecting a negative narrative, suggests resilience despite the stalling data cloud growth story. With a positive relative return of +51.0% and negative NDS of -264.2, the stock is displaying a strong price performance even as ”
L3 Expectation Lifecycle Field BUILT V1
Each (actor, theme, direction-sign) is a persistent thesis tracked through typed lifecycle events: born / strengthened / weakened / contradicted / retired.
adds Turns SNOW's daily expectation summaries into a memory system. Theses you can follow for weeks, not snapshots that vanish overnight.
today 74 theses tracked over the window; 3 active today, 0 persistent (≥3 daily versions). Lifecycle events: born 74 · strengthened 0 · weakened 1 · contradicted 0 · retired 76.
SNOW’s expectation theses 22 theses shown · 74 total
↓ Snowflake stock performance and outlook
↓ Adobe's AI-driven earnings performance
↓ Tech stock volatility and AI impact
↓ Snowflake growth and earnings insights
↓ Salesforce and Snowflake growth prospects
↓ Market Sentiment on Datadog and Trade Desk
↓ Salesforce investment outlook and analysis
↓ Corporate filings and disclosures
─ Corporate filings and disclosures
↓ Datadog's AI Growth and Partnerships
↓ Meta's AI investment and performance
↓ Earnings season and stock evaluations
↓ Memory and semiconductor stock volatility
─ AI stock market dynamics and trends
↓ Constellation Energy stock performance analysis
↓ Market activity in tech stocks
↓ Analyst Ratings and Price Target Adjustments
↓ Earnings season insights and stock analysis
─ Market highs amid geopolitical tensions
↓ Streaming Industry Challenges and Changes
↓ Alphabet earnings and AI investments
─ Apple leadership and market dynamics
● born▲ strengthened▼ weakened✕ contradicted○ retired
2026-01-02
2 active theses
2026-02-10
1 active thesis
2026-03-19
3 active theses
2026-04-27
3 active theses
L4 Performance Field BUILT V1
Slices expectations into regions of (theme × direction) and asks, for each, whether forward returns relative to QQQ moved in the predicted direction. 5d / 10d / 20d horizons. Walk-forward — every observation uses only information available on its date.
adds Closes the loop. Realized outcomes calibrate which regions of the field actually pay.
today System-wide: 65 public regions (73 limited, 343 insufficient) across 2,377 signed observations. All-expectations baseline runs 48% at 5d / 50% at 20d — close to chance overall, with edge concentrated in specific regions. 14 public regions are flagged inverted (corpus hit ≤ 30%); the operating layer reads them as contrarian. SNOW appears in 17 public regions and 15 limited, including 1 inverted.
SNOW appears in 53 signed regions · showing top 6 by n_obs
theme · direction sample 5d hit 20d hit actors
↓ Microsoft's AI Strategy and Market Position
n=65
55% (+8pp)
55% (+6pp)
17
↓ Earnings season insights and stock analysis
n=46
43% (-4pp)
76% (+27pp)
15
↓ Market highs amid geopolitical tensions
n=27
56% (+8pp)
82% (+32pp)
13
↓ Corporate filings and disclosures
n=25
52% (+4pp)
36% (-14pp)
14
↓ Salesforce and Snowflake growth prospects
n=22
77% (+29pp)
95% (+46pp)
5
↓ Alphabet earnings and AI investments
n=20
70% (+22pp)
—
8
Hit rate = share of forward returns that moved in the predicted direction relative to QQQ. Delta vs the all-expectations baseline (48% at 5d, 50% at 20d). Green ≥ +10pp · red ≤ −10pp. Tiers: n ≥ 10 public, n 5–9 limited (shown with caveat), n < 5 insufficient (hit rate suppressed). INV badge: region flagged inverted (corpus hit_5d ≤ 30% on public tier); operating layer reads the contrarian direction (strike-through glyph shows the original L2 read, second glyph shows the effective direction).