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2023-12-06 08:30:00 ET Summary Snowflake stock has surged nearly 40% from its October 2023 lows, outperforming the S&P 500 significantly. The company's fiscal Q3 report helped alleviate concerns about consumption normalization and showcased growth in Snowpark adoption. Man...
2023-12-06 08:02:03 ET More on MongoDB MongoDB, Inc. (MDB) Q3 2024 Earnings Call Transcript Stocks To Watch: Big Week On Tap For McDonald's, Shopify, GameStop, And Johnson & Johnson Can MongoDB Stock Reach New All-Time Highs? Biggest stock movers today: B...
2023-12-06 07:45:00 ET Summary The NASDAQ has the potential for further upside, with technical analysis suggesting a rally could continue before a potential sell-off. The QQQ ETF, which tracks the NASDAQ 100, could reach a range of 418 to 463 before a possible downturn. The ma...
2023-12-05 17:13:48 ET Shares of enterprise data company Snowflake (NYSE: SNOW) rose 29.3% in November, according to data provided by S&P Global Market Intelligence . The stock got a boost early in the month, thanks to celebrated financial results from Datadog -- a compa...
Annual Fortune list recognizes Snowflake as the leading company with the capability to deliver sustained long-term growth in the era of generative AI Snowflake (NYSE: SNOW), the Data Cloud company, today announced that it was awarded the number one spot on the 2023 Fortune Futur...
2023-12-05 08:34:04 ET More on Datadog Datadog, Inc. (DDOG) UBS Global Technology Conference (Transcript) Datadog, Inc. (DDOG) The RBC Capital Markets Global TIMT Conference (Transcript) Datadog Q3 Earnings: Snapping Back With Vengeance Datadog snags TD Cowen...
2023-12-05 07:29:13 ET Summary Snowflake offers a great product for the age of data and AI, solidifying its presence and relevance in the industry. Positive business indicators include a robust 135% net revenue retention rate and outpacing major competitors in revenue growth in th...
2023-12-05 05:20:00 ET By some standards, Snowflake (NYSE: SNOW) stock has underperformed so far in 2023. It's up just 29% year to date, while the tech-heavy Nasdaq Composite index has clocked a gain of 37% -- though both are outpacing the broad market S&P 500, which is ...
2023-12-04 14:56:06 ET Summary Snowflake Inc. stock has been a strong gainer in software after posting outsized fiscal Q3 results and a raised outlook for the current period. The combination of emerging AI tailwinds, as well as new product launches have been key drivers of growth ...
2023-12-04 06:00:00 ET Data cloud platform Snowflake (NYSE: SNOW) went public a few years ago and became arguably Wall Street's most expensive stock. Today, shares are still burning off its staggering valuation that peaked at a price-to-sales ratio (P/S) of more than 183. That's not...
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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...