Data cloud company Snowflake on Wednesday posted a bigger quarterly loss, hit by a sharp jump in its research and development and marketing expenses.
The cloud-software firm beat most of Wall Street's expectations, but its shares slid 13% after hours because of a disappointing outlook for the January quarter.
Snowflake Inc (NYSE: SNOW) shares are trading lower in Wednesday's after-hours session after the company reported third-quarter results.
Snowflake earnings for its third quarter met expectations but product revenue guidance missed expectations. Snowflake stock tumbled.
Snowflake shares fell Wednesday after the company released third-quarter results that beat estimates but offered light product revenue guidance.
Shares of Snowflake Inc. were falling more than 11% in aftermarket trading Wednesday after the data-software company topped expectations with its revenue for the latest quarter but came up shy with it
Most S&P 500 stock investors own a few turkeys this year. And Warren Buffett is no exception.
Companies in two very different industries will provide a wide view of the economy.
The cloud computing industry appears to be slowing but many stocks in the sector are a moderate buy. This means long term outlook is positive.
The valuation of Snowflake stock, the biggest software IPO ever, remains controversial. Here is what technical analysis says about buying SNOW stock.
The week after Thanksgiving could determine if cloud software is still too fat or if there are some tasty leftovers for Wall Street.

3 Key Tech Earnings for Next Week

11:30am, Saturday, 26'th Nov 2022
Cloud companies in particular have had a terrible year of trading.
Sellers have hit Snowflake stock hard despite bullish growth prospects. Revenue growth has ranged from 83% to 119% over the past eight quarters.
The third quarter 2022 earnings season isn't over yet, but more than 90% of the companies have already reported their earnings so far.
The California State Teachers Retirement System loaded up on shares of Uber Technologies Inc (NYSE: UBER) and Snowflake Inc (NYSE: SNOW) during the third quarter, a
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