Snowflake Stock News

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A slowdown in cloud computing growth has pressured SNOW stock. Investors are eyeing product initiatives under a new CEO for Snowflake stock.

The ability for artificial intelligence (AI)-driven software and systems to learn without human intervention gives this technology a seemingly limitless ceiling. Very clear headwinds are beginning to mount for Wall Street's AI darling, Nvidia.

Snowflake reported better-than-expected results last week, but guidance was in line with the market's outlook. The stock sank sharply in the wake of that report.

This semiconductor company's recent sell-off in shares doesn't seem justified, as AI is supercharging its growth. This cloud company is building a robust revenue pipeline, and its focus on adding AI services to its platform could unlock a huge growth opportunity.

Snowflake's stock plummeted 15% post-2Q24 earnings, breaking key support levels, yet it remains a strong rebound investment in the SaaS market. Despite high stock-based compensation expenses affecting GAAP profitability, Snowflake enjoys robust sales growth and positive operating margins. The company reported better-than-expected 2Q24 earnings, with non-GAAP profits of $0.18 per share and a sol...

Snowflake's stock recently hit new 52-week lows. The departure of its CEO earlier this year and a data breach have made this an awful stock to own in 2024.

Snowflake's Data Cloud is a revolutionary data unification and analytics platform. The company is now focusing on developing AI products, and it's spending heavily on R&D.