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2024-07-21 09:02:26 ET Shares of cloud-native data warehouse specialist Snowflake (NYSE: SNOW) have tanked nearly 32% in 2024 and almost 43% from their 52-week high in February 2024. Snowflake surpassed consensus revenue estimates but missed earnings estimates in the first quart...
2024-07-20 05:35:00 ET Many artificial intelligence (AI) stocks surged in recent years as new generative AI tools sparked a buying frenzy in AI chips, AI servers, and AI-driven cloud services. The obvious winners include Nvidia , Super Micro Computer , and Microsoft , but plenty...
2024-07-18 07:10:00 ET Artificial intelligence (AI) stocks have been doing well for the most part this year, but one exception is Snowflake (NYSE: SNOW) . The data-storage company should be benefiting from a surge in AI-related spending, but instead, its share price is down 30% th...