Snowflake Inc. (SNOW) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Novemb ...

Snowflake Inc. (SNOW) ended the recent trading session at $125.46, demonstrating a +1.59% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.29% for the day. At the same time, the Dow lost 0.86%, and the tech-heavy Nasdaq lost 0.09%.The company's stock has climbed by 0.28% in the past month, falling short of the Computer and Technology sector's gain of 3.2% and the S&P 500's gain of 3.3%.The investment community will be closely monitoring the performan ...

SAN FRANCISCO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- RelationalAI, the knowledge graph coprocessor for the Snowflake AI Data Cloud, announced today at Snowflake’s annual developer conference, BUILD 2024, the general availability (GA) of its Snowflake Native App on the Snowflake Marketplace, with production support to its customers. Built on the Snowflake Native App Framework Integration with Snowpark Container Services (now generally available on AWS and public preview on Azure), RelationalAI enables customers ...

TEL AVIV, Israel, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, "the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announces that its U.S. subsidiary Clenera has signed a new power purchase agreement (“PPA”) with Arizona Public Service (“APS”) for its Snowflake A Project (“Snowflake A” or “the Project”). The busbar fixed price PPA encompasses the Project’s 600 MW of solar generation capacity and 1900 MWh of energy storage availability, and is for a dur ...

I initiate Snowflake (NYSE: SNOW ) coverage with a Strong Buy rating. Several key factors indicate that SNOW is positioned well to deliver strong revenue growth over the long-term. Stagnating profitability over the last few quartersAs an investor who started my path five years ago with my own capital, I represent a blend of hands on experience and academic background in corporate finance. Due to my relatively young age I thrive on discovering long-duration growth opportunities and actively seek out opportun ...

The latest trading session saw Snowflake Inc. (SNOW) ending at $113.74, denoting a -1.52% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.28%. Elsewhere, the Dow saw a downswing of 0.61%, while the tech-heavy Nasdaq depreciated by 0.33%.Shares of the company witnessed a gain of 0.67% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 2.1% and outperforming the S&P 500's gain of 0.41%.Market participa ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Snowflake Inc. (SNOW) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Snowflake currently has an average ...

Data is the foundation on which artificial intelligence is built, which could be a tailwind for Snowflake stock investors.Snowflake (SNOW 0.51%) is not benefiting from the rising demand for artificial intelligence as much as expectations suggested it would.*Stock prices used were the afternoon prices of Oct. 28, 2024. The video was published on Oct. 30, 2024. ...

Snowflake Inc. (NYSE: SNOW ) stands at the forefront of the rapidly expanding Data Cloud market, poised to capitalize on an expected $342 billion total addressable market (TAM) by 2028. Snowflake has been posting solid top-line growth powered by Yiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Memb ...

Snowflake Inc. (SNOW) closed the latest trading day at $118.39, indicating a +0.9% change from the previous session's end. The stock's change was more than the S&P 500's daily gain of 0.16%. At the same time, the Dow lost 0.37%, and the tech-heavy Nasdaq gained 0.78%. Heading into today, shares of the company had gained 2.15% over the past month, outpacing the Computer and Technology sector's gain of 1.87% and the S&P 500's gain of 1.67% in that time. The upcoming earnings release of Snowflake Inc. will be ...