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The Latest Breaking News from Snowflake

Dow Jones Falls After Jobless Claims; Nvidia Surges Above 1,000 On Earnings

Stock Market Today: The Dow Jones dropped 225 points Thursday after jobless claims. Nvidia stock surged above $1,000 on strong earnings results.

Investors Business Daily

Dow Jones Futures Rise; Nvidia Stock Tops 1,000 On Earnings, Other AI Plays Rally

Nvidia earnings boomed and the CEO touted the "next industrial revolution." Will the AI chip leader lift the market rally?

Investors Business Daily

Snowflake Delivers Strong Sales Forecast But Wall Street Watching AI Costs

Snowflake stock jumped on its Q1 report but gave up its gains. Earnings were below views, but sales and outlook beat.

Investors Business Daily

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S&P Futures Tick Lower Ahead of FOMC Meeting Minutes, Nvidia Earnings in Focus

June S&P 500 E-Mini futures (ESM24) are trending down -0.11% this morning as market participants awaited minutes of the Federal Reserve’s latest policy meeting as well as an earnings report from artificial intelligence bellwether Nvidia.

Barchart

Snowflake Earnings Watch: Will New CEO Build AI Product Momentum?

When Snowflake reports Q1 earnings, analysts expect new chief executive Sridhar Ramaswamy to tout his plans to make artificial intelligence products a bigger part of company strategy.

Investors Business Daily

2 Stocks Flying Under The Radar That Could Soar This Year

Investing in under-the-radar stocks operating in emerging industries can help to diversify a portfolio.

Barchart

3 Options Strategies for Snowflake Earnings Next Week

Snowflake (SNOW) is due to report earnings next Wednesday after the closing bell. The Barchart Technical Opinion rating is a 48% Sell with a weakest short term outlook on maintaining the current direction.

Barchart

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Option Trade On Struggling Snowflake Could Return More Than $1,000

The strategy earns the most profit if Snowflake closes right at 150 at June expiry, where the profits are estimated to be around $1,110 per contract.

Investors Business Daily

AI Stocks: Will Vector Search Ignite The Enterprise Chatbot Market?

AI Stocks: Cloud giants Google, Microsoft and Amazon are using vector search technology to harness corporate data for building chatbot apps.

Investors Business Daily

2 Tech Stocks Set to Ride Microsoft's Azure Coattails

As Microsoft’s Azure continues to dominate the cloud computing landscape, here are two tech stocks that are well-positioned to ride Azure’s momentum.

Barchart

Is This Underperforming AI Software Stock a Buy on Its 'Watershed Moment'?

This data cloud stock plunged 33% from its 52-week high after a surprise change of CEO. The firm has recently unveiled an Open AI model, while insiders are buying shares.

Barchart

Snowflake has a new LLM targeted at ticking off boring business tasks

Snowflake Arctic LLM is effective, efficient and more importantly, open-source, which is good news for enterprises.

TechRadar

Nvidia Led The First AI Stocks Wave. These Data Players Are Targeting The Next One.

Data software players like MongoDB, Elastic and Confluent hope to cash in on a new wave of AI spending. Here's what analysts are predicting.

Investors Business Daily

1 Beaten-Down AI Stock With Around 63% Upside in 2024

The Street-high estimate for this cloud stock implies the shares can rally as much as 63% higher over the next 12 months.

Barchart

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Barchart

Snowflake's New CEO Just Bought $5M in Shares, Should You?

After a major sell-off in SNOW stock, the newly appointed CEO made a multimillion-dollar purchase of Snowflake shares.

Kiplinger

Stock Market Today: Stocks Rally After Blowout Jobs Report

Stocks soared into the weekend as investors brushed off strong payrolls data and lowered rate-cut expectations.

TechRadar

AI apps are booming — and it's Python that is the backbone for many new services

New study reveals importance of data governance and Python for enterprises exploring their own AI applications.

Barchart

Missed Nvidia? 2 Top AI Stocks to Buy Now

Both of these AI stocks have excellent long-term prospects.

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Kiplinger

Stock Market Today: Stocks Close Lower as Tech Shares Slump

Weakness in several Magnificent 7 stocks created headwinds for the main indexes Friday.

Barchart

Apple vs. Snowflake: Which Warren Buffett Stock is a Better Buy in 2024?

Snowflake and Apple are two tech stocks in Warren Buffett's Berkshire Hathaway portfolio that have trailed the broader markets this year. Which stock is a better buy right now?

Barchart

Beyond Nvidia: 7 Stocks to Play the Next Wave of AI

There's more to AI investing than standout chip designer Nvidia. Here are 7 more stocks set to benefit as artificial intelligence adoption continues to expand to new industries and sectors.

Investors Business Daily

AI Stocks: Why Chipmakers Are Outperforming Software Companies In 2024

Wall Street analysts are tempering expectations that an AI-driven rally for software stocks will continue.

Kiplinger

Stock Market Today: Nasdaq Nabs First Record Close Since 2021

While the main indexes were choppy Thursday, tech stocks Snowflake and Okta made major moves.

Top News

Google's Cool Factor Wanes As It Faces Internal And Market Challenges

Tech industry dynamics, market trends, and notable events summarized. Stay informed on Google, Toyota, Snowflake, Klarna, Bitcoin, and more.

Investors Business Daily

Dow Jones Falls On Key Inflation Data; AI Stock Snowflake Crashes On Earnings

Stock Market Today: The Dow Jones dropped Thursday on key inflation data. AI stock Snowflake crashed 23% on earnings.

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