---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42419567.md"
description: "$Snowflake(SNOW.US) and $CrowdStrike(CRWD.US) barely moved, $Adobe(ADBE.US) rose four points, showing some stratification emerging in U.S. enterprise software stocks. The overall SaaS market is waiting for the next batch of earnings reports to set the tone, with $Adobe(ADBE.US) taking a step ahead on expectations of AI feature monetization. The valuation of this batch is now heavily dependent on the progress of AI monetization—those that can prove AI brings incremental paying users will be recognized by capital first, while those just telling stories without data will continue to grind their valuation."
datetime: "2026-07-03T10:52:37.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42419567.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42419567.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42419567.md)
author: "[Fufu](https://longbridge.com/en/profiles/26996852.md)"
---

# $Snowflake(SNOW.US) and $CrowdStrike(CRWD.US) bare…


### Related Stocks

- [SNOW.US](https://longbridge.com/en/quote/SNOW.US.md)
- [CRWD.US](https://longbridge.com/en/quote/CRWD.US.md)
- [ADBE.US](https://longbridge.com/en/quote/ADBE.US.md)