NYSE:SNOW - New York Stock Exchange, Inc. - US8334451098 - Common Stock - Currency: USD
Interesting Technical Analysis finding for SNOWFLAKE INC-CLASS A (NYSE:SNOW): Indications Suggest NYSE:SNOW Could Be on the Verge of a Breakout.
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Snowflake has surged 46% in six months, and Wolfe Research believes the momentum will continue as demand trends improve.
Confluent said that it earned an adjusted 9 cents per share on sales of $261 million for the December-ended quarter.
Mentions: CFLT
The rivalry between enterprise software makers Snowflake and Databricks intensified amid the emergence of generative artificial intelligence.
Snowflake stock dipped amid a report the software maker is in talks to acquire RedPanda amid its push into artificial intelligence.
A new way of thinking emerges in tech land in the wake of DeepSeek advancements.
Shares of data warehouse-as-a-service Snowflake (NYSE:SNOW) jumped 7.3% in the morning session as the debate around the future of AI continues following the unveiling of DeepSeek. The market is recalibrating and rotating to stocks that are not only more insulated if DeepSeek prevails in the AI arms race but to stocks that may actually benefit no matter who wins that race. The proliferation of AI will be a general tailwind to demand for cybersecurity, big data, and automation software.
Mentions: NET
Shares of data warehouse-as-a-service Snowflake (NYSE:SNOW) jumped 7.3% in the morning session as the debate around the future of AI continues following the unveiling of DeepSeek. The market is recalibrating and rotating to stocks that are not only more insulated if DeepSeek prevails in the AI arms race but to stocks that may actually benefit no matter who wins that race. The proliferation of AI will be a general tailwind to demand for cybersecurity, big data, and automation software.
Mentions: NET
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the data storage industry, including Couchbase (NASDAQ:BASE) and its peers.
Snowflake has had an impressive run over the past six months as its shares have beaten the S&P 500 by 23%. The stock now trades at $171.40, marking a 30.7% gain. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Mentions: ORCL