The Latest Breaking News from SNOW

Snowflake stock plunged Wednesday on disappointing revenue guidance. The software maker reported a narrower-than-expected loss while revenue topped views.

Someone with a lot of money to spend has taken a bullish stance on Snowflake (NYSE:SNOW). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends.

As the economic recovery continues gaining pace, quality growth stocks should make a solid comeback. However, with growing geopolitical and interest rate increase concerns, not all growth stocks are good bets currently. We believe it could be worth betting on PulteGroup (PHM) and Box (BOX), which are expected to gain…

Someone with a lot of money to spend has taken a bearish stance on Snowflake (NYSE:SNOW). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Data cloud company Snowflake (SNOW) has achieved solid revenue growth over the past quarters but is suffering losses. The stock has slumped more than 10% in price amid the tech sell-off this year, closing the last session at $304.70. So, with interest rate hikes on the horizon, is this growth…

The cloud computing industry has been achieving high growth since the onset of the COVID-19 pandemic owing to a surge in demand for cloud-based services. And because this trend is expected to continue in 2022, we think fundamentally strong cloud stocks Mimecast (MIME) and Progress Software (PRGS) could be safe…

A whale with a lot of money to spend has taken a noticeably bullish stance on Snowflake. Looking at options history for Snowflake (NYSE:SNOW) we detected 11 strange trades.

Morgan Stanley upgraded two IT stocks today - Morgan Stanley analyst Keith Weiss upgraded Snowflake Inc (NYSE:SNOW) to Overweight from Equal Weight with a price target of $390, up from $344 (30.5% upside).  Weiss highlights that working to the Rule of 80 with Snowflake executing ahead of plan, the recent pullback creates an attractive opportunity and upgrades to…