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2024-02-02 11:13:47 ET Summary The best strategy to invest in the AI revolution is to focus on the pick and shovel vendors in the space. These companies serve as toll takers on the road to the deployment of AI based applications. AI needs lots of storage and thus we recommend ...
2024-02-02 10:15:02 ET Truist Financial analyst issues UNDERPERFORM recommendation for SNOW on February 2, 2024 10:00AM ET. The previous analyst recommendation was Underperform. SNOW was trading at $209.99 at issue of the analyst recommendation. The overall analyst conse...
2024-02-02 10:15:02 ET Wells Fargo analyst issues BUY recommendation for SNOW on February 2, 2024 10:00AM ET. The previous analyst recommendation was Buy. SNOW was trading at $209.99 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current...
2024-02-01 05:15:00 ET Famous investor Warren Buffett loves putting his money into things that interest the U.S. consumer. His holding company, Berkshire Hathaway , has a massive portfolio littered with consumer-focused and financial stocks like Coca-Cola , Apple , and Bank of...
2024-01-31 04:55:00 ET Fortune Magazine regularly teams up with analysts from Boston Consulting Group to publish an annual edition of the Fortune Future 50. The latest report ranked more than 1,700 public companies based on their long-term revenue growth prospects. Two technology specia...
2024-01-30 10:34:51 ET Summary Snowflake's growth may be slowing down, making their $10b in revenue by 2029 target less attainable without aggressive M&A. The company's success will depend on whether companies choose to host and analyze their data on-prem or in the cloud. ...
2024-01-30 05:40:00 ET Summary WisdomTree's WCLD and WCBR ETFs focus on growth-oriented companies in the cloud computing and cybersecurity sectors. Companies with a strong focus on cybersecurity plus high revenue growth can see their way to greater weight. Free cash flow margin is...
2024-01-30 04:55:00 ET Nvidia 's forefront position in advanced graphics processing units (GPUs) has made it one of the most important players in the artificial intelligence (AI) revolution. It's also powered incredible sales and earnings growth that has translated into explosive stock ...
Snowflake (NYSE: SNOW), the Data Cloud company, today announced it will release its financial results for the fourth quarter and full year of fiscal year 2024, which ends January 31, 2024, following the close of the U.S. markets on Wednesday, February 28, 2024. Snowflake will host a conference ...
2024-01-28 22:49:01 ET Summary I advise traders to have cash on hand in their trading accounts to take advantage of potential market opportunities. The article suggests that a sell-off in tech stocks may occur in February, based on historical patterns and the current market condit...
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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...