Snowflake Earnings News: Investors SNOWed in after earnings rout

. It seems instead that the market was looking for any excuse to sell. That has been happening to many tech stars reporting in the past month. Small deviations from Wall Street consensus lead to largescale sell-offs.is growing and now has 6,322 total customers with 206 of those customers spending more than $1 million in the past 12 months. Management said product revenue would reach at least $435 million in the present quarter, Q2, which would mean a 10% sequential gain and 71% YoY.

On the daily chart below, you can see how the premarket price bounced directly off the $110-$112 level. For now, this is support, and it may make a solid area from which to go long. Ifbreaks through this lower trend line, however, then it may be time to take a short position since there is no support until $76.Information on these pages contains forward-looking statements that involve risks and uncertainties.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Nvidia Stock Earnings Preview: NVDA chart shows rally possibility ahead of earningsNvidia (NVDA) stock is trading up 2.1% at $165 on Wednesday ahead of its quarterly earnings call after the close. The semiconductor behemoth known for
Источник: FXStreetNews - 🏆 14. / 72 Прочитайте больше »

Toll Brothers earnings top estimates, shares riseLuxury homebuilder Toll Brothers' second-quarter fiscal report topped Wall Street expectations, with earnings at $220.6 million and revenue of $2.28 billion.
Источник: FoxBusiness - 🏆 458. / 53 Прочитайте больше »

Stock futures trade mixed ahead of retail earnings, Fed minutesU.S. equity futures are set for a mixed open Wednesday morning after stocks struggled the day before on weak U.S. housing sales and a profit warning by a prominent social media brand. HOBO : Hedge Own By Others. Strategy from the movie THE CRASH.
Источник: FoxBusiness - 🏆 458. / 53 Прочитайте больше »

Best Buy Stock Earnings: BBY price supported by better revenue than expected in Q1Best Buy (BBY) stock is up 3.3% at $75 in the first half hour of Tuesday's session after the retailer reported better than anticipated sales figures.
Источник: FXStreetNews - 🏆 14. / 72 Прочитайте больше »