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2023-08-18 15:00:03 ET More on the market Jackson Hole: Fed Faces Ghosts Of 1970s As Stock Market Rollercoaster Continues Resolving An Overbought Condition For The Stock Market Dollar Bulls Still In Control Why I Stopped Buying The S&P 500 To Buy REITs Inst...
2023-08-17 09:15:14 ET Investment firm Wells Fargo said on Thursday that it is "cautiously optimistic" on Snowflake ( NYSE: SNOW ) heading into next week's second-quarter results, despite the 15% decline since the company's analyst day in June. "While still tough to call any...
2023-08-17 08:25:59 ET Shares of data cloud platform provider Snowflake (NYSE: SNOW) have endured a rough August so far. The tech stock has declined more than 15% as of this writing. The pullback in the stock price may have some investors wondering whether this may be a good tim...
2023-08-17 06:00:00 ET Summary Baron Technology Fund invests primarily in companies of any market capitalization that we believe have durable growth potential from the development, advancement, and/or use of technology. During the second quarter, the Fund climbed 16.72%. Despi...
2023-08-15 03:59:00 ET Summary Berkshire Hathaway's 13F stock portfolio value increased from ~$325B to ~$348B in Q2 2023. The top five positions in the portfolio are Apple Inc., Bank of America, American Express, Coca-Cola, and Chevron. Berkshire Hathaway repurchased ~3.92M Cl...
2023-08-14 09:51:23 ET Snowflake ( NYSE: SNOW ) is slated to report second-quarter results on August 23 and investment firm Monness, Crespi, Hardt is expecting strong product growth, albeit "softer seasonality" when it reports. Analyst Brian White, who has a neutral rating on Sn...
2023-08-12 08:00:00 ET As earnings season winds down, there has been a notable pullback in some of the tech sector's biggest companies, including Apple ( NASDAQ: AAPL ) and Microsoft ( NASDAQ: MSFT ), both of which have lost ground over the past month. While the broader ...
2023-08-09 09:14:36 ET Stifel downgraded Datadog ( NASDAQ: DDOG ) to Hold from Buy and reduced the price target to $90 from $115. On Tuesday Datadog, which provides security platform for cloud applications, reported Q2 results , which beat expectations, but the company ...
2023-08-09 04:24:46 ET Summary Cloud computing has witnessed strong rebound on the back of emerging tech trends. The ISE CTA Cloud Computing Index is up 35.8% this year. In Q1, spending on global cloud infrastructure rose $10 billion from Q1 2022. Analysts suggest cloud co...
2023-08-08 12:12:53 ET Summary Non-GAAP accounting is on the rise, with roughly 75% of companies reporting non-GAAP earnings and about 20% of companies reporting a non-GAAP profit despite a GAAP loss. Aggregate earnings appear to be overstated by at least 10%-15% by companies usin...
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Snowflake’s AI Research Team, in collaboration with the open source community, launches a Massive LLM Inference and Fine-Tuning System Stack — establishing a new state-of-the-art solution for open source inference and fine-tuning systems for multi-hundred billion parameter models li...
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...