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The Latest Breaking News from SNOW

Dow Jones Futures Rise, Indexes Near 2023 Highs; Key Inflation Data, Tesla Cybertruck On Tap

Futures rose Salesforce led earnings winners. The Fed's favorite inflation gauge is on tap while the Tesla Cybertruck event looms.

Investors Business Daily

Snowflake Earnings, Revenue Top Estimates As Cloud Spending Rebounds

Snowflake reported Q3 earnings and revenue that topped estimates amid stabilizing growth at cloud computing partner Amazon.com.

Investors Business Daily

S&P Futures Tick Higher as Investors Await Key U.S. GDP Data, Salesforce Earnings on Tap

December S&P 500 futures (ESZ23) are trending up +0.31% this morning as market participants geared up for a slew of U.S. economic data while also awaiting earnings results from notable cloud sector players Salesforce and Snowflake.

Barchart

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S&P Futures Climb as Investors Await Key U.S. GDP Data, Salesforce Earnings on Tap

December S&P 500 futures (ESZ23) are trending up +0.50% this morning as market participants geared up for a slew of U.S. economic data while also awaiting earnings results from notable cloud sector players Salesforce and Snowflake.

Barchart

Snowflake Stock Gets A Bump with Relative Price Strength Rising

A Relative Strength Rating upgrade for Snowflake shows improving technical performance.

Investors Business Daily

Is Consumption-Based SaaS Pricing Back In Favor With Investors?

Growth stocks Investors turned away from software companies with consumption, or usage-based business models amid a slowdown in corporate spending on cloud computing services. But the cloud tide may be turning.

Investors Business Daily

SNOW Stock Today: Why A Bear Call Spread In Snowflake Stock Puts $115 In Your Pocket Now

The spread will achieve the maximum profit if SNOW stock closes below 160 on Nov. 17.

Investors Business Daily

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Splunk vs. Snowflake: Which Software Stock is a Better Buy?

Snowflake and Splunk are two leading software stocks with room to grow. But after taking a look at the key metrics, which tech stock is a better buy right now?

Barchart

Snowflake Trounces Views On 36% Sales Growth, But Stock Tumbles

Snowflake earnings Wednesday topped analyst expectations and showed 36% revenue growth. SNOW stock jumped in recent aftermarket trading.

Investors Business Daily

Add Quality to Your Watchlist With These 3 Chip Stocks

As we continue to ride the wave of technological advancement, semiconductors and their applications in various industries stand at the forefront with robust growth prospects. Hence, fundamentally sound chip stocks NVIDIA (NVDA), ASML Holding (ASML), and Everspin Technologies (MRAM) could be quality additions to your watchlist. Keep reading.

StockNews.com

As SNOW Stock Tumbles, Could This Bearish Option Strategy Profit?

Traders who think Snowflake will not reclaim the 50-day line could look at a bear call spread.

Investors Business Daily

Dow Jones Futures Rise: Stocks Run As Microsoft Roars, But This Risk Grows; Adobe Hails 'AI Era'

Microsoft led the major indexes higher Thursday, but market pullback risks are rising. Adobe rose overnight on earnings as it touted an "AI era."

Investors Business Daily

Buy the Dip in Snowflake Stock? Here's the Must-Hold Support Level.

Snowflake posts strong results but investors did not like the guidance. Here's the level the stock must hold now.

The Street

1 Tech Stock to Secure, 2 to Sell

Despite ongoing global economic turbulence, IT spending is projected to grow this year. Hence, the fundamentally strong tech stock Dropbox (DBX) might be worth buying. However, Snowflake (SNOW) and Shift4 Payments (FOUR) might be best avoided, given their fundamental weakness. Keep reading.

StockNews.com

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Investors Business Daily

Dow Jones Futures Fall, But Techs Jump: Nvidia Surges On Earnings, Guidance, AI Stocks Rally

Tech futures jump as Nvidia surges on earnings and blowout guidance, while other AI plays rallied. Fitch put the U.S. AAA rating on negative watch.

Investors Business Daily

Snowflake Stock Plunges On Weak Outlook Amid Slower Cloud Computing Growth

Snowflake earnings topped estimates but SNOW stock plunged as its product revenue outlook for the July quarter missed analyst expectations.

Investors Business Daily

Dow Jones Futures Fall As Market Rally Retreats Amid Debt-Ceiling Drama; Nvidia Earnings Due

The stock market retreated Tuesday, with many leaders slammed as debt-ceiling talks continue. Nvidia earnings loom large.

Investors Business Daily

Dow Jones Futures Rise: Biden-McCarthy Debt-Ceiling Talks Loom; China Move Hits Micron

President Biden and House Speaker McCarthy hold debt-ceiling talks today. Micron fell on new China sanctions, with other chip stocks down.

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Kiplinger

Snowflake Stock Upgraded on Promise of Generative AI

Snowflake stock has market-beating potential thanks to easier comparisons and growth in generative AI such as ChatGPT.

StockNews.com

This Tech Stock Is RAMPING up on Wall Street

Tech company LiveRamp Holdings (RAMP) has been making waves on Wall Street lately, with its share price gaining more than 10% over the past month. Moreover, its recent extension of the share repurchase program indicates its commitment to returning value to shareholders. So, the stock might be an ideal buy.…

Investors Business Daily

Dow Jones Futures Rise: Tesla, EV Chip Plays Tumble After Investor Day; Salesforce Stock Soars

After a mixed market day, Salesforce stock soared late. TSLA stock fell sharply as Tesla Investor Day had little news.

Investors Business Daily

Snowflake Stock Falls On Weak Guidance Amid Cloud Computing Slowdown

Snowflake reported a smaller-than-expected fourth-quarter loss. But the revenue outlook for SNOW stock came in well below expectations.

StockNews.com

The 2 Best Tech Stocks and the 2 Worst

Although the technology industry has been under pressure due to macroeconomic headwinds, the industry is poised to witness substantial growth amid innovation and robust demand in the foreseeable future. While we think tech stocks Jabil (JBL) and Encore Wire (WIRE) could be wise additions to your portfolio in 2023, fundamentally…

StockNews.com

4 Tech Stocks You Shouldn’t Touch With a 10-Foot Pole

While the Nasdaq Composite gained over the past month, the gains might not sustain amid the challenging macroeconomic backdrop. Moreover, the anticipated continuation of rate hikes and mass layoffs is making investors anxious. Given the uncertain outlook, fundamentally weak tech stocks Snowflake (SNOW), Affirm Holdings (AFRM), PAR Technology (PAR), and…

Investors Business Daily

Futures Fall Ahead Of Fed Meeting, Big Earnings; Why This May Be A 'Life Changing' Market Rally

Apple earnings and the Fed meeting loom, but don't sit out a possible "life-changing" market rally.

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