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Financial Report Preview | AI is expected to help reignite revenue growth, can snowflake replicate the success of palantir?
Snowflake will announce its third quarter results after post-market trading on November 20, Eastern Time.
Snowflake Inc. (SNOW): Citi Lowers Price Target to $183 but Highlights Strong Q3 Outlook and GenAI Growth Potential
U.S. stocks closed | The three major indexes showed mixed results, with the Nasdaq up more than 1%, nvidia rising nearly 5% ahead of its earnings report; bitcoin hitting a new high led to a strong performance in cryptos concept stocks, with microstrategy
The escalation of the Russia-Ukraine conflict temporarily drove up the dollar, yen, Swiss franc, gold and other safe-haven assets, while bitcoin first broke through 0.094 million dollars. Two days before the earnings report, nvidia rose by 4.9%, super micro computer surged over 31%, the index of Chinese concepts fell by 0.8%, Xiaopeng autos dropped nearly 4%, and weibo gained over 6%.
Snowflake 'One Of The Most Compelling Stories In Software' Ahead Of Earnings: Analyst
Snowflake and Microsoft Simplify AI App Development and Data Collaboration With Connector for Microsoft Power Platform and Microsoft Dynamics 365
Rosenblatt Securities Maintains Snowflake(SNOW.US) With Buy Rating, Maintains Target Price $180