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2024-05-22 16:27:20 ET More on Snowflake Snowflake: After-Earnings Selloffs Are Common Snowflake: Growth Is Hardly Cheap, Especially With AI Stocks (Rating Upgrade) Snowflake: Too Much Revenue From Small Companies Snowflake Non-GAAP EPS of $0.14 misses by $0....
2024-05-22 16:06:51 ET More on Snowflake Snowflake: After-Earnings Selloffs Are Common Snowflake: Growth Is Hardly Cheap, Especially With AI Stocks (Rating Upgrade) Snowflake: Too Much Revenue From Small Companies Snowflake talks to purchase Reka AI end with ...
Product revenue of $789.6 million in the first quarter, representing 34% year-over-year growth Net revenue retention rate of 128% 485 customers with trailing 12-month product revenue greater than $1 million 709 Forbes Global 2000 customers Remaining performance obligations of $5.0...
2024-05-22 08:25:12 ET More on Snowflake Snowflake: After-Earnings Selloffs Are Common Snowflake: Growth Is Hardly Cheap, Especially With AI Stocks (Rating Upgrade) Snowflake: Too Much Revenue From Small Companies Snowflake Q1 earnings preview: Focus on AI st...
Yoshiharu Global Co. (YOSH) is expected to report for Q1 2024 Analog Devices Inc. (ADI) is expected to report $1.26 for Q2 2024 Simplicity Esports (WINR) is expected to report for Q3 2024 Klepierre (KLPEF) is expected to report for Q1 2024 Synopsys Inc. (SNPS) is expected to repor...
2024-05-21 13:53:10 ET More on Snowflake Snowflake: After-Earnings Selloffs Are Common Snowflake: Growth Is Hardly Cheap, Especially With AI Stocks (Rating Upgrade) Snowflake: Too Much Revenue From Small Companies Earnings week ahead: NVIDIA, Target, Zoom Vid...
2024-05-21 10:00:00 ET This has been a much different investing year than 2023. While it started off nearly the same, with practically any stock tied to artificial intelligence (AI) rising, some of the companies have been under greater scrutiny. That's exactly what happened to Snowfla...
2024-05-21 09:00:19 ET Snowflake (NYSE: SNOW) stock went public on Sept. 16, 2020. At the time, expectations for the company were incredibly high. Since then the stock has been on a volatile journey, pushed around in some cases by macroeconomic pressures that had nothing to do with ...
2024-05-20 06:19:03 ET Summary Snowflake's stock has notably underperformed the broader U.S. market since November 2023 after my previous cautious thesis. In the last six quarters, there were four cases of after-earnings selloffs, and three of them resulted in double-digit-single-...
2024-05-19 08:02:00 ET Retailers will also be in the spotlight, with updates anticipated from Target ( NYSE: TGT ), Lowe's ( LOW ), Macy’s ( M ), Ross Stores ( ROST ), TJX Companies ( TJX ), Ralph Lauren ( RL ) and Urban Outfitters ( URBN ).... R...
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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...