21 11, 2024

Snowflake’s Shares Surge After Blowout Earnings and New Partnerships: Is It Time to Buy?

By |2024-11-21T14:51:52+00:00November 21st, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , |

Shares of Snowflake Inc. (SNOW) surged more than 20% following the company’s impressive third-quarter earnings report, with both revenue and earnings beating Wall Street expectations. In addition to strong financials, Snowflake also announced a key acquisition and a promising AI partnership, further boosting investor optimism. Snowflake’s Strong Earnings and Forecast Lift The cloud data [...]

26 09, 2024

Snowflake is Sinking After Announcing $2 Billion Debt Plan: Should Investors Be Concerned?

By |2024-09-26T15:59:18+00:00September 26th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , |

Shares of Snowflake Inc. (SNOW) are down roughly 2% Thursday morning, making it a 6% loss over the past month. The latest bit of downward pressure can be attributed to the company’s announcement that it will be raising $2 billion in debt. The plan involves two separate $1 billion Senior Convertible Notes, one of [...]

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