| 2024-11-19 | +2.21 % |
|
| 2024-11-18 | +1.17 % |
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| 2024-11-15 | -2.56 % |
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| 2024-11-14 | -1.12 % |
|
| 2024-11-12 | +1.59 % |
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| 2024-11-11 | +2.16 % |
|
| 2024-11-08 | -2.15 % |
- Snowflake Inc. (SNOW) stock declined by 2.15% as several institutional investors, including Farther Finance Advisors LLC, reduced their holdings, and insider selling activity increased, which may have raised concerns among investors about the stock's prospects.
- The article discusses various factors impacting the tech industry, including mixed earnings reports and disappointing guidance from companies like Cloudflare and Akamai, as well as broader market uncertainties related to the presidential election and the state of generative AI, which collectively may contribute to the decline in Snowflake (SNOW) stock by -2.15%. The drop in Snowflake's stock could be attributed to overall investor sentiment influenced by these mixed earnings and guidance from tech companies, indicating potential uncertainty in the market.
- The article discusses tips for planning a Thanksgiving menu but does not provide reasons for the decline of Snowflake (SNOW) stock, which fell by 2.15%.
The downward movement in Snowflake's stock could be attributed to various market factors, including investor sentiment, broader market trends, or company-specific news that may have affected its performance, but those details are not included in the article.
- Snowflake Inc. (SNOW) stock fell by 2.15% as institutional investors, including Harbor Capital Advisors, adjusted their holdings significantly during the third quarter, with some analysts reducing their price targets for the stock amid mixed performance indicators. The decline may be attributed to the increased selling pressure from institutional adjustments, negative adjustments to price forecasts by analysts, and ongoing concerns regarding the company's negative net margin and earnings projections.
- Snowflake (SNOW) stock recently fell by 2.15%, likely due to institutional investors trimming their holdings amidst mixed performance in the market, including sales of shares by company insiders and varying target price adjustments from analysts.
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| 2024-11-07 | +1.75 % |
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| 2024-11-06 | +4.22 % |
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| 2024-11-05 | +2.43 % |
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| 2024-11-01 | +0.58 % |
|
| 2024-10-31 | -3.5 % |
- Snowflake Inc. (SNOW) stock dropped by 3.5% largely due to recent sell-offs by company insiders and adjustments in target prices by analysts following its latest earnings report, which, despite showing a year-over-year revenue increase, highlighted negative profit margins and raised concerns about its future performance.
- The article does not pertain to the decline of Snowflake (SNOW) stock but instead focuses on Mariah Carey's new holiday merchandise collection. The drop in Snowflake (SNOW) stock by -3.5% could be attributed to various market factors, such as broader market trends, investor sentiment, or company-specific news that negatively impacted its stock performance.
- The article discusses the launch of a unique variable aperture lens by the Chinese brand SG-image, consisting of creative features for photographers, while Snowflake (SNOW) stock's decline of -3.5% is not directly mentioned or explained.
The reasons for Snowflake (SNOW) stock's decline could involve various factors such as investor reactions to market trends, company performance, or broader economic indicators, but the article does not provide specific information regarding this.
- Snowflake Inc. (SNOW) shares dropped 3.5% after analysts downgraded price targets and mixed earnings results, with several firms lowering forecasts and a significant insider selling activity, indicating potential concerns over the stock's valuation and future performance.
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| 2024-10-30 | +0.51 % |
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| 2024-10-29 | +0.9 % |
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| 2024-10-28 | +1.11 % |
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| 2024-10-25 | +0.97 % |
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| 2024-10-24 | +1.15 % |
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| 2024-10-23 | -1.64 % |
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| 2024-10-22 | -3.4 % |
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| 2024-10-21 | +0.02 % |
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| 2024-10-18 | +0.43 % |
- The article primarily focuses on the promotion of unique fun fold cards and related crafting supplies, but does not provide any information about Snowflake (SNOW) stock or its recent increase of 0.43%. Therefore, it is not possible to determine why Snowflake's stock went up based on the given content.
- The article discusses the competitive landscape between Snowflake Inc. and Databricks Inc. in the context of the growing demand for data platforms capable of supporting artificial intelligence development, particularly focusing on Apache Iceberg—a data management layer crucial for handling large datasets.
Snowflake (SNOW) stock's recent 0.43% increase is likely attributed to its efforts to embrace open-source frameworks like Apache Iceberg, which is gaining popularity, signaling a strategy to remain competitive in the evolving data management market amid rising incidents of customer preference for open platforms.
- Snowflake Inc. (SNOW) stock increased by 0.43% following a report that Vontobel Holding Ltd. and other institutional investors have recently boosted their positions in the company, alongside positive quarterly earnings exceeding expectations, which has likely contributed to investor confidence.
- The article discusses Aldi UK's launch of new vegan products for Christmas 2024, expanding its largest-ever meat-free festive range, but does not provide any information about Snowflake (SNOW) stock performance. Thus, it does not explain the rise in SNOW stock by 0.43%.
Regarding Snowflake stock's rise, additional context beyond this article would be needed to determine specific reasons for the increase, such as market trends, earnings reports, or analyst upgrades.
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| 2024-10-17 | +0.11 % |
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| 2024-10-16 | -3.13 % |
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| 2024-10-15 | -0.34 % |
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| 2024-10-11 | +0.19 % |
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| 2024-10-10 | +3.44 % |
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| 2024-10-09 | +5.42 % |
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| 2024-10-08 | -0.26 % |
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| 2024-10-07 | -0.78 % |
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| 2024-10-04 | +3.85 % |
|
| 2024-10-03 | +0.75 % |
|
| 2024-10-02 | -0.53 % |
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| 2024-10-01 | -4.03 % |
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| 2024-09-30 | +0.83 % |
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| 2024-09-27 | +1.27 % |
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| 2024-09-26 | -0.12 % |
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| 2024-09-25 | +0.11 % |
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| 2024-09-24 | -0.67 % |
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| 2024-09-23 | +2.71 % |
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| 2024-09-20 | -3.29 % |
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| 2024-09-19 | +2.92 % |
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| 2024-09-18 | -0.76 % |
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| 2024-09-16 | -0.73 % |
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| 2024-09-13 | +0.6 % |
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| 2024-09-12 | +0.88 % |
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| 2024-09-11 | +1.57 % |
- Snowflake (SNOW) stock rose 1.57% due to positive developments including a 30% increase in product revenue, raised full-year revenue guidance, and strong insider confidence demonstrated by management's share buyback strategy, despite mixed analyst sentiments regarding future earnings.
- The article discusses recent share transactions by Snowflake Inc. director Frank Slootman and highlights the company's strong financial performance, including a 30% year-over-year revenue increase, which may have contributed to a 1.57% rise in SNOW stock. The increase in share price can be attributed to the positive financial results and outlook, as well as sustained investor confidence despite some concerns regarding future profitability and stock valuation.
- Snowflake (SNOW) stock rose by 1.57% following positive second-quarter earnings results, including a 30% year-over-year increase in product revenue and a raised full-year product revenue outlook, despite insider selling by the President of Products, Benoit Dageville, which was conducted under a prearranged trading plan.
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| 2024-09-09 | +1.29 % |
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| 2024-09-06 | -2.85 % |
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| 2024-09-05 | +0.86 % |
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| 2024-09-04 | +0.35 % |
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| 2024-09-03 | -3.34 % |
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| 2024-08-30 | +0.08 % |
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| 2024-08-15 | -0.2 % |
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| 2024-08-14 | +0.19 % |
- Snowflake (SNOW) stock was up 0.19% after Berkshire Hathaway disclosed the sale of nearly its $1 billion investment in the company, with broader market reactions possibly driving the stock's slight increase despite this significant divestment by a reputable investor.
- The article discusses Warren Buffett's recent confirmation of selling over 389 million Apple shares and his significant divestment from Snowflake, which has contributed to Berkshire Hathaway's increased cash reserves.
Snowflake's stock (SNOW) rose by 0.19% likely due to general market trends and investor sentiment, as it's not directly correlated to Buffett's selling, which may have already been factored into the stock's previous performance.
- Snowflake (SNOW) stock rose by 0.19% amid ongoing competition with Databricks, notably highlighted by Databricks' recent acquisition of startup Tabular for nearly $2 billion, signaling a shift in market dynamics that keeps Snowflake motivated to innovate and expand its offerings to maintain its competitive edge.
- The article discusses Warren Buffett's recent selling activities within his investment firm, Berkshire Hathaway, including unloading a significant portion of its Snowflake investment, which has seemingly not negatively impacted Snowflake's stock as it rose 0.19%. The increase in Snowflake's stock may be attributed to overall market dynamics and investor confidence despite Buffett's divestment.
- Snowflake (SNOW) stock is up 0.19% due to its recent announcement about hosting Meta's Llama 3.1 multilingual open-source large language models in its Snowflake Cortex AI platform, enabling enterprises to easily build and scale powerful AI applications, reflecting the growing importance of AI in the healthcare market and broader technological landscape.
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| 2024-08-12 | -1.11 % |
|
| 2024-08-09 | +2.31 % |
- The article discusses the experience and environment of Team USA athletes at the Paris Olympics, highlighting their training center and the Team USA House, while also mentioning whimsical moments, such as the presence of a mascot cat named Snowflake.
Snowflake (SNOW) stock likely went up by 2.31% due to positive market sentiment, possibly influenced by the broader excitement surrounding the Olympics and its impact on technology companies that provide support for such events.
- The article discusses the growth of Snowflake (SNOW) stock, which rose by 2.31% due to optimistic market reactions to recent developments in AI and technology trends presented at industry events, indicating strong investor confidence in the ongoing AI transformation and the potential for increased revenue in cloud services related to AI.
- The article discusses the recent developments in the tech and cybersecurity sectors, highlighting various earnings reports and funding rounds, while noting that Snowflake (SNOW) stock rose 2.31% possibly due to positive momentum in the cybersecurity and AI sectors, along with overall favorable market sentiment towards tech stocks.
Snowflake (SNOW) stock likely went up due to optimism surrounding AI advancements and the robust performance of cybersecurity companies, which suggests increased investment and growth potential in related technologies.
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| 2024-08-08 | +5.65 % |
|
| 2024-08-07 | +0.24 % |
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| 2024-08-06 | +1.94 % |
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| 2024-08-05 | -5.96 % |
|
| 2024-08-02 | -3.57 % |
- The article reports that Twilio Inc. (TWLO) had a strong second-quarter performance for 2024, exceeding market expectations, with significant revenue growth and robust financial health, but it does not mention Snowflake (SNOW) stock or its -3.57% decline. Therefore, no direct information is provided regarding the reasons for Snowflake's decline.
- The article discusses the recent insider selling by Snap Inc.'s General Counsel, which could impact investor sentiment and thereby contribute to a decline in Snowflake (SNOW) stock, which was down -3.57%. Snowflake's stock price drop could be attributed to market reactions to insider trading activities at associated companies, signaling potential concerns about future company performance or valuation shifts.
- Snowflake (SNOW) stock declined by 3.57% amid rising investor concerns over the profitability of extensive investments in artificial intelligence, coupled with disappointing earnings results from several tech companies.
- The article discusses QPR Software's progress in growing its SaaS and software revenue despite a 22% decline in overall net sales due to the discontinuation of non-core consulting services; Snowflake (SNOW) stock dropped by 3.57% likely due to broader market concerns or investor reactions to external economic factors, rather than direct issues with QPR’s performance.
- The article discusses recent stock transactions involving PagerDuty's CEO, Jennifer Tejada, and highlights the company's strong Q2 results, but there's no direct mention of Snowflake (SNOW) stock or its -3.57% decline. The decline in Snowflake's stock could be attributed to broader market trends, investor sentiment, or concerns about growth prospects, though specific reasons for this decline are not provided in the article.
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| 2024-08-01 | -4.74 % |
|
| 2024-07-31 | +1.16 % |
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| 2024-07-25 | +3.16 % |
|
| 2024-07-24 | -5.26 % |
|
| 2024-07-19 | +0.01 % |
|
| 2024-07-18 | -3.89 % |
- The article discusses how Snowflake (SNOW) stock has been underperforming despite the generally positive trend of AI stocks this year, with the stock price being down 30%, attributing this downward trend to Snowflake not benefiting as expected from the increase in AI-related spending.
- Summary: The article discusses Palantir's strong growth in its US commercial segment driven by AIP, its Artificial Intelligence Platform, although there are potential hiccups in AIP's sales cycle, and the market is expecting perfection in Palantir's performance which is putting pressure on the stock.
Reason for Snowflake(SNOW) stock going down: The snowflake stock may have gone down due to market expectations for perfection in Palantir's performance, potential hiccups in AIP sales, and the overall elevated valuation multiples of Palantir, influencing the sentiment towards other AI-exposed large-cap enterprise software stocks like Snowflake.
- The article discusses how the tech sector, including Snowflake (NYSE: SNOW), has generally performed well this year with a growth of over 30%, but Snowflake stock specifically has been a laggard, dropping by -3.89% last night due to underperformance. Snowflake may have experienced this drop due to disappointing financial results, competition, or overall market conditions affecting investor sentiment towards the company.
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| 2024-07-17 | -0.81 % |
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| 2024-07-16 | +1.86 % |
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| 2024-07-15 | -1.5 % |
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| 2024-07-12 | -1.76 % |
|
| 2024-07-11 | +0.49 % |
- The article discusses how Deutsche Bank reiterated its Buy rating on Snowflake Inc. (SNOW) with a $220.00 price target, citing the company's potential to outperform due to the reset of consensus expectations and valuation, emphasizing Snowflake's solid foundation in fiscal year 2025, and noting the company's recent positive performance as well as strategic developments, which have led to a positive outlook and a slight increase in the stock value by 0.49%, with the company addressing security concerns and making strides in the data cloud market.
- The article discusses how Snowflake (SNOW) stock saw a 0.49% increase last night, with the stock showing signs of recovery after hitting a 52-week low in late June, and the potential for further increase if the company executes well; the rise could be attributed to the stock's potential limited downside and positive performance expectations.
- Snowflake (SNOW) stock was up by 0.49% last night, and the article suggests that contrarian investors should consider adding Snowflake to their watch list, as the recent sell-off was deemed to be overdone, potentially contributing to the stock's increase.
|
| 2024-07-09 | -2.9 % |
|
| 2024-07-08 | -1.01 % |
|
| 2024-07-02 | -0.6 % |
|
| 2024-06-28 | +0.87 % |
|
| 2024-06-27 | +3.71 % |
|
| 2024-06-26 | +3.96 % |
|
| 2024-06-25 | -0.47 % |
- The article discusses recent insider trading activity by Frank Slootman, a director at Snowflake Inc., who sold shares amounting to approximately $435,592, which may have contributed to Snowflake's stock decline of -0.47%; the stock also faced challenges in profitability and operational income, despite robust revenue growth, as analysts continue to monitor its performance and market position amidst evolving competitive landscape in data analytics sector.
- Snowflake (SNOW) stock was down -0.47% last night, and recent stock transactions by Benoit Dageville, President of Products at Snowflake Inc., included sales to satisfy tax withholding obligations upon the vesting of restricted stock units, leading to increased investor scrutiny and impacting the market performance. The stock goes down due to negative profitability indicators despite revenue growth, security concerns, analyst evaluations, and overall market trends.
- The article discusses Braze Inc.'s recent financial activities, including news of Chief Accounting Officer Malik Pankaj selling shares, the company's strong performance in the first quarter, and analysts' positive outlook. Despite positive developments, Braze's stock price may have decreased due to investor concerns about profitability, insider transactions, and market trends within the tech sector.
|
| 2024-06-24 | -2.35 % |
|
| 2024-06-21 | +0.93 % |
|
| 2024-06-18 | -2.35 % |
|
| 2024-06-17 | +2.75 % |
|
| 2024-06-14 | +1.01 % |
|
| 2024-06-13 | -3.4 % |
- The article discusses Databricks' open-sourcing of its Unity Catalog platform and how it enables organizations to access and manage their data and AI assets without vendor lock-in, with Snowflake also introducing its open catalog implementation, Polaris Catalog. Snowflake (SNOW) stock went down by -3.4% last night possibly due to the news of data violations affecting major clients like Santander Bank and Ticketmaster, as well as the threat campaign aimed at Snowflake customer database instances identified by Alphabet Inc's cybersecurity subsidiary, Mandiant.
- The article discusses the impact of management changes on stock performance, highlighting the recent 20% decline in Snowflake (SNOW) stock when its CEO announced stepping down, due to investors considering C-level management as a key factor in a company's success. Snowflake stock likely went down due to concerns regarding leadership stability and its potential impact on the company's future growth and operations.
- The article discusses the financial performance and growth prospects of Databricks, a data analytics software company, and its plans for a potential IPO, contrasting with the struggles of other software companies in the market; the reason why Snowflake (SNOW) stock went down could be attributed to market factors affecting the software industry, such as inflation, rising interest rates, and concerns impacting enterprise software companies.
|
| 2024-06-12 | +2.82 % |
- The article discusses the introduction of innovative camper vans by Knaus Tabbert like the Knaus Cascan and Weinsberg X-Pedition, reflecting the company's focus on agility and distinctive designs, such as the use of the Mercedes-Benz Sprinter as a basis for their new vehicles; this innovation resulted in the Snowflake (SNOW) stock going up by 2.82% last night due to the positive market response to the company's Vision in Motion slogan and the unveiling of impressive new model ranges.
- The article highlights that Snowflake Inc. (NYSE: SNOW) stock was up 2.82% following positive sentiments from the recent Snowflake Summit event, where new products like Cortex and Iceberg received strong feedback, and discussions with investors regarding a reported security breach indicated no anticipated adverse effects on the company’s performance, contributing to investor confidence in Snowflake's operational resilience. Snowflake's potential growth drivers include a shift towards more advanced applications like Generation AI (GenAI) and continued innovation, with analysts reaffirming positive outlooks on the stock.
- Summary: Snowflake Inc. stock (NYSE: SNOW) was 2.82% up last night despite a reported security incident, with BofA Securities maintaining a Neutral rating and $200 price target, attributing the rise to investor confidence in the company's proactive security measures and strong market position.
Reason for the Stock Increase: The stock of Snowflake went up amid the reported security incident as investors remained confident in the company's proactive measures to address security concerns, such as enforcing multi-factor authentication, and its strong market position in the data cloud sector as highlighted by recent positive feedback and product innovations from analysts like Goldman Sachs, Piper Sandler, Mizuho, RBC Capital Markets, and Barclays.
|
| 2024-06-11 | +1.36 % |
- The article discusses the benefits of DuckDB, a single-file SQL database designed for data analysis, highlighting its usability and support for larger-than-memory datasets, with a focus on quantifiable components like speed and scalability, ultimately pointing out its advantages over more complex solutions like Apache Spark. Snowflake (SNOW) stock was up 1.36% last night, and the stock likely increased due to positive market sentiment or company performance factors not detailed in the article.
- The article discusses how Snowflake (SNOW) stock went up by 1.36% last night, likely due to a positive market sentiment despite experiencing a drop of 3.39% earlier in the week following details of a data breach revealed by Mandiant, Google's cybersecurity firm.
- The article discusses various aspects of RedCloud, an AI-driven platform founded by Justin Floyd, that aims to shift power dynamics in e-commerce, provide data-driven insights, and ensure transparency in supply chains, ultimately contributing to a fairer marketplace; the stock of Snowflake (SNOW) went up last night, likely influenced by market conditions and investor sentiment.
|
| 2024-06-10 | -3.39 % |
|
| 2024-06-07 | -0.63 % |
|
| 2024-06-06 | -1.68 % |
- Summary: The article discusses Mastek's advancement in its icxPro platform with NVIDIA accelerated computing to offer next-generation customer experience solutions with AI, demonstrating a 20% return on capital employed in the Manufacturing sector and potential in BFSI and Healthcare sectors.
Reason for Snowflake (SNOW) stock going down: The decline in Snowflake (SNOW) stock last night by -1.68% could be due to various factors such as overall market conditions, investor sentiment, company performance, economic indicators, or sector-specific news impacting the stock price.
- Summary: KeyBanc analyst revised Snowflake Inc.'s stock price target to $168 down from $200 following the Data Cloud Summit investor day, noting positive aspects like product innovation, user-friendly platform, and upcoming Cortex product, but expressed concerns over lack of clarity on AI workloads and competitive landscape.
Reason for Snowflake (SNOW) stock going down: The stock price went down due to KeyBanc analyst Eric Heath revising the price target from $200 to $168 based on various factors discussed at Snowflake's 2024 investor day, including concerns over lack of clarity on AI workloads, competitive landscape, and reductions in peer multiples.
- The article discusses the launch of Alpha FMC's AI & Data Science Innovation Hub to help clients navigate AI and data science opportunities in the financial services market, with a focus on providing industry-specific expertise and tangible outcomes, utilizing tools like Snowflake & Azure. Snowflake (SNOW) stock was down -1.68% last night due to overall market dynamics, potentially impacted by factors such as sector performance, economic indicators, company-specific news, or market sentiment.
|
| 2024-06-05 | -1.98 % |
- The article discusses Twilio's enhancements to their customer engagement platform through new features like Linked Audiences and the Segment Data Graph, allowing businesses to leverage the combined power of real-time data from CDPs and comprehensive data from warehouses for more effective marketing strategies. Snowflake (SNOW) stock went down due to factors such as market sentiments, economic indicators, performance outlook, or specific news related to Snowflake itself.
- The article discusses how Snowflake stock has fallen since the change in CEO from Frank Slootman to Sridhar Ramaswamy, with reasons including missed revenue expectations, disappointing full-year guidance, and competition in the AI market leading to stock decline, but also highlights potential growth opportunities, particularly through AI initiatives and partnerships, emphasizing a wait-and-see approach for potential future performance.
- The article reports on various U.S. stock movements, including Snowflake (SNOW) stock falling 4.7% after its analyst day, with analysts remaining positive but highlighting that Snowflake is considered a 'show me' story, possibly contributing to the stock decline.
|
| 2024-06-04 | +0.05 % |
- The article discusses new offerings announced by Informatica at Snowflake Data Cloud Summit 2024 which aim to streamline data integration, provide access management, and simplify data governance within the Snowflake AI Data Cloud, with Snowflake (SNOW) stock slightly going up last night by 0.05% likely due to the positive impact of these new capabilities on Snowflake's ecosystem and its partnership with Informatica.
- The article discusses Snowflake (SNOW) stock going up by 0.05% last night, attributed to the announcement of new innovations and enhancements to Snowflake Cortex AI, providing easy, efficient, and trusted ways for organizations to create AI-powered applications, including chat experiences, no-code AI development, and machine learning operationalization tools.
- The article discusses the decline of the tech industry characterized by a growth-at-all-costs mentality and lack of innovation, potentially signifying the end of the Rot-Com boom, which may explain the stagnation seen in major tech companies such as Google, Facebook, and Amazon, despite efforts to incorporate AI and push for growth. The increase in Snowflake (SNOW) stock, albeit minimally, last night may be due to general market trends or investor sentiment rather than specific reasons mentioned in the article.
|
| 2024-06-03 | +0.55 % |
|
| 2024-05-31 | -3.38 % |
- In summary, Snowflake (SNOW) stock went down by -3.38% last night as the artificial intelligence boom, particularly in generative AI technologies like ChatGPT, is diverting budget away from other tech spending, leading to a decrease in stock prices for various enterprise technology providers including Snowflake, Dell Technologies, MongoDB, Salesforce, and others.
- Snowflake (SNOW) stock went down by -3.38% last night; the stock was affected due to reports of hackers targeting the cloud storage platform and allegations that Snowflake was breached leading to data theft, including from companies like Ticketmaster and Santander Bank, although Snowflake denies that its own systems were directly breached, attributing the stolen customer credentials to unrelated cyber threat activity.
- The article discusses MongoDB Inc.'s shift in stock outlook, with its price target being adjusted to $305 from the previous $450 due to weaker consumption trends and reduced new workload activity, contrasting with reports from competitors like Snowflake (SNOW) and Datadog (DDOG) in the technology sector, resulting in Snowflake (SNOW) stock going down.
|
| 2024-05-30 | -4.89 % |
|
| 2024-05-28 | -3.47 % |
- The article discusses Citi's optimistic stance on Microsoft Corporation (MSFT) stock following updates announced at the Microsoft Build conference, with a focus on generative AI, revenue opportunities, and market position; Snowflake Inc. (SNOW) stock went down due to potential competitive and cooperative dynamics with Microsoft's offerings, impacting its market reception in contrast to Elastic N.V.; and while Microsoft's long-term outlook remains positive according to Citi's analysis, Snowflake Inc. experienced a decline, likely as a result of the perceived implications from Microsoft's developments at the conference.
- Summary: Chief Accounting Officer of Snowflake Inc., Emily Ho, sold a significant amount of company stock, leading to a -3.47% drop in Snowflake's stock price, as investors closely scrutinize insider transactions for hints about the company's performance and leadership confidence.
Reason for Snowflake stock going down: The recent sale of a substantial amount of company stock by Chief Accounting Officer Emily Ho raised concerns among investors about the company's future prospects and leadership confidence, leading to a -3.47% decrease in Snowflake's stock price.
|
| 2024-05-24 | +1.02 % |
|
| 2024-05-23 | -5.36 % |
- The article discusses how futures tracking the Nasdaq and S&P 500 climbed, led by chip stocks like Nvidia, which saw a significant increase in share value, while Snowflake stock (SNOW) advanced 4.3% after forecasting higher revenue, but TSMC and DuPont also experienced gains, with overall market movement due to various factors including economic data and Federal Reserve policy outlook, illustrating the complex nature of stock fluctuations like Snowflake's -5.36% drop attributed to broader market trends and specific company performance.
- The article provides various financial updates but mentions that Snowflake's stock is rising but paring gains, with the outlook implying deceleration, and last night it was down by -5.36%; Snowflake's stock may have gone down due to concerns about the company's growth potential or general market conditions affecting tech stocks at the time.
- The summary of the article is, last night Snowflake (SNOW) stock was down by -5.36%, and the reason for the decline in Snowflake (SNOW) stock is not stated in the given excerpt.
|
| 2024-05-22 | +0.39 % |
- Summary: Snowflake (SNOW) stock rose by 0.39% last night after the cloud-computing company increased its revenue growth forecast for the year, while other technology companies saw fluctuations due to various factors including Nvidia's strong performance and demand for artificial intelligence technology.
Reason for SNOW stock increase: Snowflake stock went up as the company boosted its revenue growth forecast for the year, indicating positive market sentiment towards its cloud-computing services.
- Summary: The article provides live coverage of Nvidia's booming earnings report and subsequent rise in stock price, which also positively influences related companies such as Broadcom, Advanced Micro Devices, and Taiwan Semiconductor. Snowflake (SNOW) stock rises despite missing earnings, benefiting from strong revenue and guidance.
Reason for Snowflake (SNOW) stock going up:
Snowflake stock went up due to the company reporting strong revenue that beat expectations, along with providing positive guidance for future performance, despite missing earnings. The positive outlook and financial performance likely boosted investor confidence in the company's growth potential, leading to an increase in the stock price.
- Summary: Snowflake stock (SNOW) was up by 0.39% last night despite recording a wider loss in the fiscal first quarter, as the company's top line soared with increased customer count and product revenue growth.
Reason for Stock Increase: Snowflake's stock went up likely due to the positive growth in product revenue, which increased by 34%, and the rise in revenue retention, along with a significant increase in the number of customers generating more than $1 million in product revenue per year.
|
| 2024-05-21 | -1.26 % |
|
| 2024-05-20 | +1.8 % |
|
