The stock market hasn’t hit its lows just yet, but there are stocks worth buying before the trough, says Morgan Stanley There is a debate on Wall Street as to whether the stock market is set to rally ...
Tag: Snowflake
Snowflake Stock Tumbles As Growth Outlook Disappoints
Snowflake shares are sharply lower in late trading Wednesday, after company provided guidance for the January 2024 fiscal year that fell short of Wall Street’s expectations. The softer outlook is cons...
Stocks moving in after-hours: Tesla, Salesforce, Snowflake, Silvergate
Tesla shares are down about 3% as of 5:30 p.m. ET as the EV giant’s Investor Day is underway at its Gigafactory in Austin. CEO Elon Musk, dressed in his customary black t-shirt and black pants, ...
SnowFlake Stock Price Prediction: Has SNOW Price Taken A Halt Near 50 DMA?
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Snowflake Is a Great Cloud Stock to Buy on the Dip, Says Wells Fargo
Investors should buy Snowflake shares because companies are going to need the cloud-software data warehousing company’s services even as the economy slows down, Wells Fargo Securities says. On Friday,...
Why a Long-Term Investor Is Sticking With Tesla and Cloud Shares
Everything about the investment approach at Baillie Gifford screams patience. Founded more than 110 years ago, the Scottish portfolio management firm, which oversees $250 billion, is a believer in the...
Salesforce, Snowflake, Costco and more
Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the be...
Salesforce, Okta, Snowflake and more
Salesforce (CRM): Salesforce co-CEO and vice chair Bret Taylor is stepping down as of January 31, 2023, the company announced in its earnings release Wednesday. Co-founder Marc Benioff will become Sal...
Snowflake stock drops after sales forecast that CFO admits is ‘conservative’
Shares of Snowflake Inc. fell more than 5% in after-hours trading Wednesday, when the data-software company’s executives announced quarterly revenue that topped expectations but came up shy with their...
SNOW Stock Tumbles As Snowflake Offers Weak Product Revenue Guidance
Snowflake (SNOW) reported third-quarter earnings that met expectations while revenue topped Wall Street targets. The enterprise software maker’s product revenue guidance came in below expectatio...
Cloud software is suffering a cold November rain. Can Snowflake and Salesforce turn it around?
The week after Thanksgiving could determine if cloud software is still too fat or if there are some tasty leftovers for Wall Street. Autodesk Inc. ADSK, +1.82% signaled a slowdown in business spending...
Snowflake Stock Climbs Off Lows Ahead Of Earnings; Retailers FIVE, ULTA, DG Also Set To Report
It might be the week after Thanksgiving, but several high-profile technology stocks are on the earnings calendar, including Snowflake (SNOW). Snowflake stock is more than 60% off its high despite boom...
It’s Time to Buy Tech Again. Here Are 20 Stocks to Start With.
One cruel truth the stock market confirmed this past week is that trying to pick the bottom for technology stocks is a fool’s errand. The Nasdaq Composite’s terrible September—it was down 10.5% on the...
Rising Pressure on Profits Darkens Outlook for Tech Shares
Micron Technology is among the companies that have warned about softening PC demand. Courtesy Micron Text size In early summer, I wrote a Tech Trader column previewing the June quarter earnings season...
C3.ai Stock Tumbles. It Sees Lower Revenue and Is Changing Business Models.
Text size Software provider C3.ai is shifting to a consumption-based business model like Amazon Web Services. Dreamstime Artificial intelligence software company C3.ai slashed its revenue outlook and ...
HP Enterprise’s Earnings Match Forecasts. The CEO Sees ‘Enduring Demand.’
Text size The strength of the dollar hit revenue far harder than HP Enterprise expected at the start of the year. Dreamstime Showing resilience in the face of a difficult economic environment and grow...
Nvidia Stock, Salesforce, Snowflake Headline Huge Week Of Tech Earnings; What’s Wrong With PANW Stock?
Wall Street cheered an earnings beat and raised outlook from Cisco Systems (CSCO) Thursday, giving technology investors optimism that upcoming reports from Nvidia (NVDA), Salesforce (CRM) and Snowflak...
The Most Valuable Business on Earth Could Be Hiding Inside Amazon
Text size Amazon has created what is arguably one of the world’s best growth businesses. Thomas Samson/AFP via Getty Images Amazon Web Services just might be the most valuable business on Earth....
Snowflake has catapulted into ‘elite territory,’ JPMorgan says in upgrade
Snowflake Inc. is winning big praise from those in charge of tech spending, and that’s cause for an upgrade of its stock at JPMorgan. The bank’s recent survey of chief information officers found stron...
Snowflake price forecast: JPMorgan sees a 30% upside
Shares of Snowflake Inc (NYSE: SNOW) are up 10% on Thursday after a JPMorgan analyst turned bullish on the cloud computing–based data warehousing company. Snowflake could be a $165 stock Mark Mu...
Snowflake stock falls after earnings as forecast underwhelms
This update corrects the FactSet consensus for Snowflake’s fiscal first-quarter and fiscal 2024 product revenue. Shares of Snowflake Inc. fell more than 6% in after-hours trading Wednesday after the d...