Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Snowflake. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Snowflake. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Snowflake (NYSE:SNOW) is currently dealing with a data breach issue, although an insider believes that now is the right time to buy SNOW stock. Yesterday, cybersecurity firm Mandiant released a report on the incident, adding that it had identified 165 organizations that were potentially exposed to the breach: “Mandiant’s investigation has not found any evidence to suggest that unauthorized access to Snowflake customer accounts stemmed from a breach of Snowflake’s enterprise environment. Instead, every incid ...

CHICAGO, MILWAUKEE and NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- YieldMax™ announced the launch today of the following ETF: SNOY seeks to generate current income via a synthetic covered call strategy on Snowflake Inc. (SNOW). SNOY is actively managed by ZEGA Financial. SNOY does not invest directly in SNOW. SNOY is the newest member of the growing YieldMax™ ETF family and, like all YieldMax™ ETFs, aims to deliver current income to investors. Please see table below for distribution and yield information fo ...

eravau/E+ via Getty Images Investment Thesis Snowflake (NYSE:SNOW) finds itself in an unfamiliar place nowadays. The maker of cloud data services and products has seen the pace of growth in its widely appreciated namesake cloud data product platform slow down drastically from its days of delivering almost 2x revenue with every quarter that used to go by. Then, in a shock announcement, its ex-CEO, Frank Slootman, announced his sudden retirement, zapping investors. Markets have not taken the recent developmen ...

Snowflake (NYSE:SNOW) is seeing shares decline amid a data-compromising controversy. Indeed, an unknown number of users may have been affected by the so-called Snowflake data breach, which appears to have stemmed from the use of single-factor authentication (SFA) as opposed to more rigorous multi-factor authentication (MFA). Now, SNOW stock is bearing the brunt of the damage today. At the beginning of the month, Australian authorities warned about the increased threat of cyberattacks targeting Snowflake cus ...

Snowflake's stock is near all-time lows in both price and valuation. The word "cheapest" in reference to stocks can mean many things. For example, it could indicate a stock price or its valuation. Snowflake (SNOW -0.63%) is at or near all-time lows in both of these metrics. Some may see this as a problem, as nobody wants to catch a falling knife. Others may see it as a buying opportunity, as it's not often you can pick up shares at a discount to historical valuation levels. So, is it time to buy Snowflake s ...

Snowflake Inc. (SNOW) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this company have returned -15.3%, compared to the Zacks S&P 500 composite's +3.5% change. During this period, the Zacks Internet - Software industry, which Snowflake falls in, has gained 0.4%. The key question now is: What could be the stock's future direction? Wh ...

NEW YORK, NY - MAY 10: Senior Vice President of Advertising and Commerce at Google Sridhar ... [+] Ramaswamy speaks onstage during TechCrunch Disrupt NY 2016 at Brooklyn Cruise Terminal on May 10, 2016 in New York City. (Photo by Noam Galai/Getty Images for TechCrunch) getty Shares of data cloud service provider Snowflake have fallen hard since Frank Slootman — who led the company’s boffo 2020 IPO — handed the CEO job to Sridhar Ramaswamy. Does the 28% drop in Snowflake’s stock this year make it a bargain? ...

SAN FRANCISCO, June 05, 2024 (GLOBE NEWSWIRE) -- Qlik®, a global leader in data integration, analytics, and artificial intelligence (AI), today announced at Snowflake Data Cloud Summit 2024 expanded capabilities with the Snowflake Data Cloud through its adoption of Snowflake Cortex AI. This strategic development enriches Qlik's capabilities, leveraging Cortex AI functions, including vectoring, embedding, and completions within the RAG architecture. Announced during Snowflake Data Cloud Summit 2024, this col ...