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SNOW, DELL and TEAM hit 52-week highs as AI demand lifts

Snowflake (SNOW), Dell (DELL) and Atlassian (TEAM) each hit 52-week highs on Thursday. Snowflake shares jumped 16%, as stronger AI demand, expanding backlogs and new pricing models drive an enterprise tech re-rating.

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Snowflake Inc. (SNOW), Dell Technologies (DELL) and Atlassian Corp. (TEAM) stocks each hit 52-week highs on Thursday as stronger AI demand, expanding backlogs and new pricing models fuel a broader re-rating of enterprise technology stocks.Snowflake stock jumped 16%, while Dell Technologies and Atla…