Snowflake IPO: Stock can double if company outperforms Oracle - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Snowflake's stock can double from here if the cloud-data platform outshines top rival Oracle, strategist says

Enthusiasm around Snowflake's listing indicates that risk appetite for companies that are offering shares to the public for the first time remains high, despite an unpredictable market environment, Lip said.

Conversely, Snowflake offers "off-premise" data warehousing, or a model which consists of shared resources managed by a third-party vendor, with data secured by state-of-the-art encryption. The San-Mateo based unicorn ticks "a lot of boxes" that investors are interested in including superior growth, cloud storage, data analytics, high customer retention, and saving on client money.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

CEO Adam Brimo talks at ASX conference, all about OpenLearning=ASX$OLL OpenLearning Ltd ASX:OLL Has partnered with some of the major universities. Partnerships that could become the cornerstone of a much bigger arrangement.

This is some predicted stock pricing for OpenLearning=ASX$OLL

Motley fool article on OpenLearning=ASX$OLL🚀

Look at the current chart's for OpenLearning=ASX$OLL 🤔OpenLearning has broken out into a new higher trend and looks to be going 🚀🚀🚀🚀🚀

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Balyasny's training program for hedge fund portfolio managers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Snowflake explodes 166% higher on first day of trading after biggest IPO of 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Invest in bitcoin today and make over $2000 weekly with just $200 No thanks Crazy
Source: BusinessInsider - 🏆 729. / 51 Read more »