Snowflake (SNOW) Lowers Annual Outlook Amid Lower Consumption Trends
Snowflake (SNOW) lowered its revenue outlook as its platform experienced weakened consumption trends due to tight budgets.
Research reports are available with a Paid Subscription.
Snowflake (SNOW) lowered its revenue outlook as its platform experienced weakened consumption trends due to tight budgets.
Adobe’s (ADBE) new Artificial Intelligence app Firefly is a huge success already. But the company’s future relies on acquiring Figma.
Broadcom Inc (AVGO) enjoyed a near-vertical rally to its all-time highs after it anounced an agreement with Apple to produce 5G chips.
Dollar General (DG) is having some tough times as consumers don’t have much money to spend on things other than necessities.
Chipotle (CMG) profits soared 84% last quarter as almost 40% of revenue came from digital sales, which improved profit margins.
Starbucks (SBUX) is growing great again as new products such as Oleato helped North American sales climb 17% last quarter.
Palo Alto Networks (PANW) is proving companies prioritize cybersecurity, as big $10 million-plus deals jumped 136% last quarter.
Confluent (CFLT) tracks data in motion, so companies can react in real-time. CFLT stock just jumped around 50%, so let’s learn more.
DoubleVerify (DV) is used by companies to track ads. DV is seeing good growth in social media and Connected TV ad measurement.
DigitalOcean (DOCN) celebrates the second year of its IPO with 300% profit growth and 30% revenue growth last quarter.
S&P Global (SPGI) has seen weakness in its Ratings division for the past year. Now, bond issuance is coming back. Profits may follow.
The Trade Desk (TTD) retains its upward stock momentum with its growth driven by the ad industry’s shift to Connected TV.