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2024-04-08 09:57:00 ET Snowflake (NYSE: SNOW) shares sold off sharply following the company's recent earnings report, but Rosenblatt analyst Blair Abernethy sees the dip as a buying opportunity. He recently upgraded the stock from "neutral" to "buy" with a $185 price target . Th...
2024-04-08 07:05:00 ET Shares of Snowflake (NYSE: SNOW) fell 14.2% in March, according to data provided by S&P Global Market Intelligence . Investors reacted negatively to the company's quarterly earnings report on Feb. 28, in which it issued disappointing forecasts for next...
2024-04-07 08:45:00 ET Adobe (NASDAQ: ADBE) and Snowflake (NYSE: SNOW) are both cloud software companies that have been upgrading their ecosystems with new AI features. Adobe, which is best known for its cloud-based digital media software, has been expanding Firefly, a g...
2024-04-06 06:12:00 ET There's a saying about insider stock trading activity: Executives sell for many reasons, but there's only one reason to buy. With that in mind, Snowflake (NYSE: SNOW) 's new CEO, Sridhar Ramaswamy, made headlines after disclosing a $5 million purchase of compa...
2024-04-05 16:05:48 ET Summary Snowflake Inc.'s recent guidance for 22% revenue growth has disappointed investors and caused a decline in share price. The company's new CEO, Sridar Ramaswamy, is seen as the right leader to address challenges and drive growth. Snowflake's AI in...
NEW YORK, April 05, 2024 (GLOBE NEWSWIRE) -- The following Litigation Report is being issued by Levi & Korsinsky, LLP: Snowflake Inc. Litigation Report Case Introduction Flannery v. Snowflake Inc., et al 5:24-cv-01234-PCP On February 29, 2024, investors sued ...
2024-04-05 10:37:44 ET More on Snowflake Snowflake: Not An AI Beneficiary Yet Snowflake: New CEO, Big AI Megatrend Opportunity Snowflake: 30% Revenue Growth Driven By Data Cloud And Analytics Snowflake data event shows still in early days of migration to clou...
2024-04-04 15:36:21 ET More on Snowflake Snowflake: Not An AI Beneficiary Yet Snowflake: New CEO, Big AI Megatrend Opportunity Snowflake: 30% Revenue Growth Driven By Data Cloud And Analytics Snowflake CEO Ramaswamy buys shares worth $5M - filing Snow...
2024-04-04 06:00:00 ET Cloud-native data storage and analysis specialist Snowflake 's (NYSE: SNOW) shares tanked 33% since the company released its fourth-quarter fiscal 2024 earnings report (for the period ending Jan. 31, 2024) on Feb. 28. While the company's fourth-quarter revenue...
2024-04-03 07:00:00 ET Snowflake 's (NYSE: SNOW) new CEO, Ramaswamy Sridhar, has been busy in addition to running his company. Recently, he completed the purchase of more than 31,000 shares for just under $159 on the open market. That amounts to around $5 million, so he's making an ...
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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...