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Tech Stocks Are Due For Another Sell-Off -- 3 To Avoid

Given a relatively tight labor market, another jumbo interest rate hike in September is very likely. The tech industry has been under pressure and might witness continued sell-off amid the rising interest rate environment. Therefore, fundamentally-weak tech stocks Snowflake (SNOW), Riot (RIOT), and American Virtual Cloud (AVCT) might be best…

StockNews.com

Is Snowflake Stock a Buy After a Large Revenue Beat?

Cloud platform provider Snowflake’s (SNOW) stock recently popped as the company’s second-quarter top line beat analysts’ expectations. However, the stock is down about 50% this year. Will it be wise to invest in it now? Read on to find out….

StockNews.com

Is Snowflake Stock a Buy on Blockbuster Q2 Results?

Snowflake (SNOW) registered solid top-line growth in its last reported quarter, which propelled the stock. However, its bottom line is still in the red. Also, considering its weak profit margins, will it be wise to invest in the stock now? Read on….

StockNews.com

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6 Analysts Offer Takes on Snowflake's 'Truly Impressive' Q2 Earnings, Revenue Beat

Shares of Snowflake Inc. (NYSE: SNOW) soared in after-hours trading on Wednesday, after the Bozeman, Montana-based company reported its quarterly revenues ahead of expectations.

Benzinga

1 Warren Buffett Stock to Buy and 1 to Avoid

Warren Buffett is known for his successful strategy of picking stocks that are in sync with his focus on pricing power, long-term growth, and management quality. We think it could be wise to invest in shares of fundamentally sound Warren Buffett stock Visa (V). Conversely, another Buffett-holding Snowflake (SNOW) should…

StockNews.com

3 Beaten-Down Stocks That Are Still Overvalued

Investors’ concerns over an upcoming recession due to the Fed’s continued monetary policy tightening have led to a massive tech sell-off lately. Although the industry’s long-term growth prospects should help fundamentally sound stocks rebound soon, it is best to avoid beaten-down stocks, Uber Technologies (UBER), Shopify (SHOP), and Snowflake (SNOW),…

StockNews.com

Why Snowflake Stock Is Rising

Snowflake Inc (NYSE: SNOW) shares are trading higher Thursday following bullish analyst coverage from JPMorgan.

Benzinga

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Down More Than 60% in 2022, is Now a Good Time to Scoop Up Shares of Snowflake?

Despite witnessing solid top-line growth, data cloud company Snowflake (SNOW) continues to remain unprofitable. In addition, its shares have slumped more than 60% year-to-date after the company reported a disappointing financial outlook for the upcoming quarter. So, would it be worth buying the stock now? Let’s find out.

StockNews.com

What's Going On With Snowflake Stock?

Snowflake Inc (NYSE: SNOW) shares are trading lower Thursday amid overall market weakness as stocks move lower following Wednesday's Fed rate hike announcement.

Benzinga

Here's What Influenced Analysts At Snowflake Summit

Analysts were impressed by Snowflake Inc's (NYSE: SNOW) Summit user conference in Las Vegas, which included an Investor Day briefing.

Benzinga

This Snowflake Analyst Is Turning Bullish On Innovation, Valuation

Snowflake Inc’s (NYSE: SNOW) analyst day and customer conference highlighted innovations that could lead to higher consumption and better monetization, according to Canaccord Genuity.

Benzinga

Why Snowflake Stock Is Heating Up Today

Snowflake Inc (NYSE: SNOW) shares are trading higher Wednesday following bullish analyst coverage from Canaccord Genuity.

Benzinga

Why Snowflake Stock Is Falling

Snowflake Inc (NYSE: SNOW) shares are trading lower Monday alongside several companies in the broader technology sector amid overall weakness as stocks continue to sell off following worse-than-expected May CPI data.

Benzinga

5 Snowflake Analysts React To Q1 Earnings As Stock Thaws

Snowflake Inc (NYSE: SNOW) reported a first-quarter loss of 53 cents per share Wednesday on revenues of $422.4 million. Here's what the Street has to say.

Benzinga

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Benzinga

Why Snowflake Stock Is Falling Today

Snowflake Inc (NYSE: SNOW) shares are trading lower Thursday after the company reported financial results and issued guidance below analyst estimates.

Benzinga

Why Snowflake Shares Are Falling After Hours

Snowflake Inc (NYSE: SNOW) shares are falling in Wednesday's after-hours session after the company reported

Benzinga

Rosenblatt Upgrades Snowflake, But Cuts Price Target

Snowflake Inc (NYSE: SNOW) could deliver an in-line or marginally better-than-projected quarter, when it reports results after the closing bell on Wednesday, according to Rosenblatt.

Benzinga

Snowflake Stock Falls To 52-Week Lows: What's Going On?

Snowflake Inc (NYSE: SNOW) shares are trading lower Thursday alongside several companies in the broader technology sector amid overall weakness as traders continue to digest Wednesday's Fed rate hike announcement. An increase in yields has also pressured tech and growth stocks.

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Benzinga

Are Investors Valuing Snowflake Stock Wrong? Here's Why It's Brad Gerstner's Largest Position

Snowflake Inc's (NYSE: SNOW) stock price has melted alongside several high growth names as investors focus on companies generating profits right now in the face of rising rates.

StockNews.com

2 Stocks to Avoid with the Fed Determined to Crush Inflation

Since high inflation is expected to continue longer than expected, the Fed plans to raise interest rates aggressively this year to curb inflationary pressures. Given the possibility of these interest rate hikes dragging the stock market down further, we think it could be wise to avoid fundamentally weak and overvalued…

StockNews.com

5 Large-Cap Growth Stocks to Sell Now

Concerns over high inflation, supply chain disruptions, and rising COVID-19 cases are expected to keep the stock market volatile for an extended period. While the increased focus on domestic production should help the economy recover, the rate is expected to decelerate. Therefore, large-cap growth stocks Snowflake (SNOW), PayPal (PYPL), DoorDash…

StockNews.com

3 High-Growth Software Stocks Wall Street Predicts Will Rally More Than 47%

Rapid technological innovation, increasing consumer inclination toward digital platforms, and growing business automation bode well for the software industry. That is why Wall Street analysts expect high-growth software stocks Datadog (DDOG), HubSpot (HUBS), and Snowflake (SNOW) to rally more than 47% in price in the coming months. Let’s discuss.

Benzinga

Peering Into Snowflake Inc. Class A Common Stock's Recent Short Interest

Snowflake Inc. Class A Common Stock's (NYSE:SNOW) short percent of float has risen 39.69% since its last report. The company recently reported that it has 7.18 million shares sold short, which is 2.71% of all regular shares that are available for trading.

Benzinga

Analyzing Snowflake Inc. Class A Common Stock's Short Interest

Snowflake Inc. Class A Common Stock's (NYSE:SNOW) short percent of float has fallen 6.28% since its last report. The company recently reported that it has 5.09 million shares sold short, which is 1.94% of all regular shares that are available for trading.

Benzinga

Snowflake Extends Partnership With Amazon Web Services

Snowflake Inc (NYSE:SNOW) has extended its relationship with Amazon.Com Inc (NASDAQ:AMZN) Amazon Web Services (AWS) to improve demand forecasting and delivery for retail and consumer packaged goods (CPG) industries. Through the arrangement, customers can receive Amazon purchase order (PO) data and leverage product demand forecast data generated by Amazon Forecast within Snowflake's Retail Data Cloud.…

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