Is Snowflake A Buy Amid CEO Change With Q1 Earnings Due?
- Oops!Something went wrong.Please try again later.
The valuation of Snowflake stock remains controversial. Here is what technical and fundamental analysis says about buying SNOW stock.
Recommended Stories
TechCrunchCloud revenue accelerates 21% to $76 billion for the latest earnings cycle
If you were concerned about slowing cloud infrastructure growth for a time in 2023, you can finally relax: The cloud was back with a vengeance this quarter. The market as a whole was up a healthy $13.5 billion to $76 billion, up 21% over the first quarter in 2023, per Synergy Research. If you’re wondering what’s driving the growth, you probably guessed that it's related to generative AI and the copious amount of data required to build the underlying models.
- Yahoo Finance
Amazon stock pops after earnings beat
Amazon reported first quarter earnings results on Tuesday.
- TechCrunch
It's a sunny day for Google Cloud
Google Cloud, Google's cloud computing division, had a blockbuster fiscal quarter, blowing past analysts' expectations and sending Google parent company Alphabet's stock soaring 13%+ in after-hours trading. Google Cloud revenue jumped 28% to $9.57 billion in Q1 2024, bolstered by the demand for generative AI tools that rely on cloud infrastructure, services and apps. Google Cloud's operating income grew nearly 5x to $900 million, up from $191 million.
- TechCrunch
Snowflake releases a flagship generative AI model of its own
All-around, highly generalizable generative AI models were the name of the game once, and they arguably still are. Case in point: Snowflake, the cloud computing company, today unveiled Arctic LLM, a generative AI model that's described as "enterprise-grade." Available under an Apache 2.0 license, Arctic LLM is optimized for "enterprise workloads," including generating database code, Snowflake says, and is free for research and commercial use.
- Yahoo Life Shopping
Kyle Richards loves these Asics shoes, down to $60 — they feel like 'walking on clouds,' shoppers rave
Wanna get your steps in this summer? 'My feet never feel sore or tired at the end of the day,' says one fan.
- Engadget
Get up to $450 off a Google Pixel Tablet when you trade in your old iPad or Android slab
Google has an offer for iPad owners who are curious about the Pixel Tablet. The company has a trade-in promotion that covers at least the cost of the Pixel Tablet — if not more, depending on which iPad model you have.
- TechCrunch
Google I/O 2024: What to expect
Developers season has officially commenced, and we’re mere days away from Google I/O 2024. More like Google A/I. There’s been an element of artificial intelligence/machine learning in almost every Google announcement for the past several years, but this time, you’re going to be sick of the subject by the time CEO Sundar Pichai leaves the stage. “Discover how we're furthering our mission to organize the world's information and make it universally accessible and useful,” Google says.
- Yahoo Life Shopping
These cult-favorite leggings give wearers a 'fabulous tummy tuck' and they're down to $20
'The seam dips down and makes my butt look perkier than it really is,' added a candid Colorfulkoala fan.
- Yahoo Life Shopping
The 21 best gift baskets to send (and receive) in 2024
These special deliveries by Harry & David, Happy Box and more will level up your gifting game this year.
- Yahoo Sports
The Fantasy Baseball Numbers Do Lie: Are we missing the right reliever in Detroit?
Fantasy baseball analyst Dalton Del Don puts some fraudulent stats under the magnifying glass as we move through Week 6 of the season.
- Yahoo Finance
Disney, Warner Bros. try to 'follow the consumer' with yet another streaming bundle
The new bundle, which combines Disney+, Hulu, and Max, highlights a new wave of partnerships among streamers to gain more loyal subscribers.
- Autoblog
Which pickup trucks get the best fuel economy? Here are the tops for gas mileage (or diesel)
Trucks aren't known for being fuel efficient, though times are changing. These are the trucks with the best gas mileage in various segments.
- Yahoo Tech
'Outlets look so much cleaner': Never stare at ugly cords again, thanks to this $24 Amazon bestseller
More than 49,000 five-star fans say it clears cable clutter and makes plugs easier to access in tight spaces.
- Yahoo Life Shopping
Amazon's No. 1 bestselling dermaplaning tool gets rid of stubborn facial hair for $1 a pop — that's 60% off
This multitasker lets you trim your brows and exfoliate your skin too.
- Engadget
Netflix and Roblox team up for a digital theme park that’s heavy on corporate synergy
Netflix and Roblox have teamed up for a digital theme park with activities pulled from properties like Stranger Things and One Piece. Netflix Nextworld is currently in early access.
- Yahoo Life Shopping
These $14 Hanes sweatpants are 'baby soft,' fans say — grab the top-sellers while they're over 20% off
Already cranking up the air conditioner? Stay warm and cozy in these wide-waistband classics.
- TechCrunch
Tesla drives Luminar lidar sales and Motional pauses robotaxi plans
Hey hey, yup, it’s the same TechCrunch Mobility newsletter you love, but on a different day. Shall we jump into the latest transportation news? The little birds in the autonomous vehicle industry were active this week.
- TechCrunch
Fairgen 'boosts' survey results using synthetic data and AI-generated responses
This is where Fairgen wants to help. The Israeli startup today launched a platform that uses "statistical AI" to generate synthetic data that it says is as good as the real thing. The company is also announcing a fresh $5.5 million fundraise from Maverick Ventures Israel, The Creator Fund, Tal Ventures, Ignia and a handful of angel investors, taking its total cash raised since inception to $8 million.
- Engadget
Ember's Travel Mug 2+ with Find My support drops to a record-low price
Ember's Travel Mug 2+ with Find My support has dropped to a record-low price $128. This requires a clippable coupon.
- Yahoo Finance
Warner Bros. Discovery 'hopeful' for NBA deal as earnings miss estimates amid linear TV struggles
Warner Bros. Discovery reported first quarter earnings before the bell on Thursday. Here's what to know.