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The Latest Breaking News from Snowflake

Databricks CEO Ali Ghosdi on Snowflake rivalry and the ‘why’ behind Databricks’ latest billion-dollar deal

Databricks just acquired open source-focused data manager Tabular. Though we don’t know the exact contours of the deal, we know it’s north of $1 billion, making it the company’s second billion-dollar deal within 12 months.

Fortune

With $30 billion in lost market value and big shoes to fill, Snowflake’s new CEO bets big on AI—and on big friends like Nvidia’s Jensen Huang

In an interview in advance of Snowflake’s annual summit in San Francisco, Snowflake CEO Sridhar Ramaswamy said that AI now “pervades everything that is happening in Snowflake.”

Fortune

Snowflake says it wasn't to blame for Ticketmaster breach — and its security pals agree

Snowflake says it suffered a credential stuffing attack, but nothing more, so it wasn't to blame for Ticketmaster incident.

TechRadar

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Ticketmaster confirms data breach and personal info lost, says Snowflake systems were hacked

Live Nation submits more info on Ticketmaster hack to SEC, confirming earlier reports of a data breach.

TechRadar

Hackers sell stolen Ticketmaster data

Names, phone numbers, addresses and partial credit card info were listed for sale for $500k on a dark web forum

Salon

Is Snowflake Stock a Buy After Another Earnings Dip?

Is Snowflake a quality software stock to buy after its latest post-earnings dip? Here’s what analysts are saying.

Barchart

Snowflake Stock Drops After Earnings: What To Know

Snowflake stock is lower Thursday after the company missed on the bottom line in its Q1 and gave disappointing full-year guidance. Here's what you need to know.

Kiplinger

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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

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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Investors Business Daily

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.

Barchart

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.

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TechRadar

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.

Investors Business Daily

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.

Barchart

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

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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