Snowflake Inc. (SNOW) News

2000 And 2020: The Differences Are As Important As The Similarities For Tech Stocks

The COVID induced surge in growth stocks during 2020 and 2021 has drawn comparisons to the tech bubble of the late 90s, with many expecting the fallout to be the same. While there are similarities, it should be recognized that in general valuations were not as extreme during the pandemic and were driven by low interest rates as much as they were by overenthusiasm. The late 90s also saw an unsustainable increase in IT spending due to the rise of the internet and Y2K fears, something that happened to a far more modest extent during COVID. A period of weaker IT spending is therefore likely, particularly if a recession occurs later in the year, but it is unlikely to be as severe as the one that occurred in the early 2000s.

Why Is Snowflake (NYSE:SNOW) Stock Down Today?

Here's what investors in cloud computing company Snowflake and SNOW stock should consider following Microsoft's earnings.

Chris MacDonald on InvestorPlace | January 25, 2023

Why Amazon, Alphabet, and Snowflake Stocks Fell Hard on Wednesday

The gut-wrenching roller-coaster ride that began last year continued for investors today, with a broad cross-section of stocks losing ground. The economy was a big question mark going into earnings season, and investors have been waiting to see if technology companies would be resilient or feel the further effects of the bear market. The weak results of one tech titan seemed to provide a clue, and investors headed for the exits.

Yahoo | January 25, 2023

Here Are 2 Technology Stocks of the Future You Can Buy Today

Datadog and Snowflake are shaping the future, and it might be worth betting on them for the long term.

Yahoo | January 25, 2023

Is Snowflake Stock Too Expensive?

The stock is highly valued today, but there's a path to positive stock returns for this fast-growing company.

Yahoo | January 25, 2023

Will Snowflake Be a Trillion-Dollar Stock by 2030?

Between fiscal 2019 and fiscal 2022, Snowflake's annual revenue grew at a jaw-dropping compound annual growth rate (CAGR) of 133%. Large organizations often store their data across a wide range of computing platforms and software applications, but those fragmented silos can make it tough to make data-driven decisions. Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) integrate similar services (Redshift and Azure Synapse, respectively) into their cloud infrastructure platforms.

Yahoo | January 25, 2023

3 No-Brainer Warren Buffett Stocks to Buy Right Now

While the S&P 500 turned in an underwhelming performance over the past year and lost nearly 10% of its value, Warren Buffett's holding company Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) Class A shares held their ground nicely with gains of 2.4% during the same period. The Oracle of Omaha easily outpaced the broader market's performance amid the downturn, which can be attributed to the Berkshire CEO's smart investment strategies. Shares of Apple (NASDAQ: AAPL), Snowflake (NYSE: SNOW), and Amazon (NASDAQ: AMZN) dropped 15%, 32%, and 46%, respectively, over the past year.

Yahoo | January 25, 2023

Is Snowflake Stock a Buy Now?

Snowflake (NYSE: SNOW) is a maker of enterprise software for storing data on the cloud, where it can then be analyzed and acted upon. Here's the easiest way for me to highlight Snowflake's exponential revenue growth: In its fiscal 2021, the company generated $592 million in revenue for the entire year.

Yahoo | January 24, 2023

1 Buffett Tech Stock I Can't Get Enough Of

Fast growth, free cash flow, and strong customer retention are just a few of the reasons to own Snowflake stock.

Yahoo | January 23, 2023

5 big deal reports: Sun Pharma’s $576M pact for Concert Pharma

By Davit Kirakosyan

Yahoo | January 22, 2023