Nvidia has been red-hot, while Snowflake has been ice-cold. That could soon change.It's hard to deny that Nvidia and artificial intelligence (AI) have been the story of Wall Street through the first six months of 2024. Nvidia's meteoric rise from soaring demand for its AI chips has turned the stock into a multitrillion-dollar beast that has made shareholders very wealthy in a short amount of time.But even the best things don't last forever. I'm not predicting Nvidia's downfall, but it makes sense to start l ...

Artificial intelligence (AI) presents an incredible opportunity for investors, but not all AI stocks are created equal.Artificial intelligence (AI) is creating a substantial amount of value for investors right now. It helped catapult Nvidia from a market cap of around $360 billion to more than $3.3 trillion over the past 18 months alone, and it continues to propel shares of Microsoft and Amazon higher, as well as many others.But jumping onto the AI bandwagon isn't a silver bullet for organizations facing de ...

D4Fish Snowflake (NYSE:SNOW) has reached new lows recently after recent announcements, along with a data breach that added more uncertainties. I must say that my confidence in the new CEO Sridhar Ramaswamy has improved given what he has achieved in his first quarter as CEO, his speed of execution and urgency, and this is setting Snowflake up for a strong future indeed. Management commentary was positive for its core business in the FY1Q25 quarter: As evidence of our Q1 results, our core business is very ...

For a long time Snowflake (NYSE:SNOW), branded itself as a data cloud specialist. That’s still true, but a new leader is pushing Snowflake in a different direction. It’s a good change, and enterprising investors ought to look at Snowflake stock while it’s still ultracheap.Granted, Snowflake hasn’t received positive press lately. Frankly, recent reports have been embarrassing to Snowflake, but they shouldn’t be deal breakers for investors. So, let’s see what people are so worried about and then consider if t ...

Snowflake Inc. (SNOW) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this company have returned -20.7%, compared to the Zacks S&P 500 composite's +3.3% change. During this period, the Zacks Internet - Software industry, which Snowflake falls in, has gained 0.1%. The key question now is: What could be the stock's future direction?Although media rep ...

Thesis Does anyone remember Foreigner's "Cold as Ice" song? Well, that's how Snowflake (NYSE:SNOW) is treating us lately! In this article, I'll examine whether the lack of love is coming from Snowflake or broader systemic issues. A discussion of cloud infrastructure is made along with Snowflake's position within this rapidly expanding market. I'll demonstrate how I value SaaS (Software As A Service) companies, making adjustments for their growth rates, business position and profitability. I'll focus on Sno ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Snowflake. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Snowflake. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Snowflake (NYSE:SNOW) is currently dealing with a data breach issue, although an insider believes that now is the right time to buy SNOW stock.Yesterday, cybersecurity firm Mandiant released a report on the incident, adding that it had identified 165 organizations that were potentially exposed to the breach:“Mandiant’s investigation has not found any evidence to suggest that unauthorized access to Snowflake customer accounts stemmed from a breach of Snowflake’s enterprise environment. Instead, every inciden ...

CHICAGO, MILWAUKEE and NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- YieldMax™ announced the launch today of the following ETF: SNOY seeks to generate current income via a synthetic covered call strategy on Snowflake Inc. (SNOW). SNOY is actively managed by ZEGA Financial. SNOY does not invest directly in SNOW. SNOY is the newest member of the growing YieldMax™ ETF family and, like all YieldMax™ ETFs, aims to deliver current income to investors. Please see table below for distribution and yield information fo ...