Snow is awesome!!

Created at 169.**.203.195 168 4 0

Earnings announced after market close.
Up over 22% after market close.

It really feels like you just have to hold stocks with faith.

It takes up 1/3 of my portfolio so I should trim it a bit, but seeing it rise makes me greedy. 😅
Snowflake (SNOW) shares surged over 22% in extended trading on Wednesday after the cloud data platform reported fiscal second-quarter results and guidance that easily topped Wall Street estimates.Q2 Financial HighlightsAdjusted Earnings: Reported at 62 cents per share, beating the 45 cents per share expected by analysts.Total Revenue: Reached 1.55 billion, marking a 35% increase year-over-year and coming in above the1.48 billion consensus.Product Revenue: Came in at 1.49 billion, also surpassing the1.42 billion estimate.Guidance and AI MomentumManagement pushed up its product revenue forecast for the fiscal year, calling for 6.07 billion, compared with5.84 billion in May.For the fiscal third quarter, Snowflake expects product revenue of 1.59 billion, ahead of the1.50 billion street expectations.The strong quarter was fueled by accelerated enterprise adoption of artificial intelligence products, including their CoCo AI coding agent—which reached 9,100 accounts—and expanded data workloads. “The results demonstrate how the AI transformation that's sweeping enterprises is compounding Snowflake's advantage,” -- [MarketWatch].

Tags SNOW Snowflake Facebook X
Comments 4
110.**.58.114
But then again, this is a stock that constantly plummets out of nowhere, so…
32.**.76.18
I remember Snow going up to 400 right after listing, but it's 370 after hours.
114.**.9.145
👍👍👍
221.**.249.121
I was stuck holding SNOW for a really long time and sold it right away once I broke even, but it's been shooting straight up ever since.. Stocks are really hard T_T
Similar posts
  1. Snow rises by more than 6%.
    2522
  1. 10-year bond hits highest level since the dot-com bubble.
    1253
  2. Is it a good time to buy S&P?
    36611
  3. Let's talk about SOXX and SOXL.
    1381
  4. Reason for CRDO surge?
    2896
  5. They say it's an all-time high today, but it's quiet!
    1473
  6. For Apple Shareholders Only
    1664
  7. When to average down on AVGO
    170
  8. Breaking News) The Clarity Bill has been rejected.
    1848
  9. Bad news for semiconductors
    1645
  10. A CNBC article stating that there is a 70% chance the Fed will raise interest rates
    1657
  11. Why is SanDisk acting like this on its own?
    1705
  12. They say interest rates are going up, but why are stocks rising?
    1957
  13. What is CRDO? Why is it dropping so much?
    2907
  14. Why is AMD acting like this lately? I rebalanced my portfolio, and it's so frustrating.
    1935
  15. Broadcom options ahead of earnings release
    1828
  16. NVDA Earnings Surprise
    2512
  17. Bitcoin
    2351
  18. Possibility of a gamma squeeze in SNDK & SNXX emerges
    2715
  19. Bitcoin passed 80,000!!
    2164
  20. What is the outlook for Broadcom?
    2863
  21. Which leveraged semiconductor stocks do you hold, and how much?
    2333
  22. Why is VST dropping so much?
    3304
  23. Whenever I buy crypto, it hits the peak.
    21916
  24. XRP
    2989
  25. Semiconductors are now meme stocks.
    28714
  26. Between GOOG and GOOGL -thank you for your answer-
    2227
  27. Micron 😭
    26611
  28. The one rising in the midst of all this...
    2556
  29. How long will AAPL keep falling?..
    26813
  30. Dram. Koru average price. $68.$34
    2316
Recently updated
  1. Whoa.. why is Google plummeting and Microsoft rising after hours??
    425
  2. It is so hectic after the market close today.
    44
  3. Fed Holds Rates in a Hawkish Pause: Why December Hikes Remain on the Table
    44
  4. Today's PLTR Situation
    125
  5. Microsoft Beats Q1 FY27 Estimates as Azure Revenue Reaches $33.2 Billion
    601
  6. I hope BE's earnings turn out well...
    888
  7. SOXL
    712
  8. I am trying to sell QQQ on Robinhood by tax lot.
    554
  9. Moderna
    984
  10. I hear news of a merger between Tesla and SpaceX...
    1033
  11. What are you putting in right now??
    17017
  12. When the Fear and Greed Index reaches around 15
    1302
  13. The market closed at a level that is neither support nor resistance..
    954
  14. Let's each write down just one stock that's giving us the hardest time right now.
    24413
  15. SOXL
    2555
  16. I am heavily stuck in KORU.
    895
  17. News: Anthropic signs multi-year cloud computing deal with Iren
    3454
  18. Proof that I'm all thumbs... T_T
    27012
  19. I received a postcard from the court asking if I'm going to join the lawsuit related to CRON.
    142
  20. Tatsuro Kiyohara [My Investment Method] How Individual Investors Win: Pull Out of Someone Else's Party
    106
  21. When would be a good time to invest $30,000?
    1095
  22. Stéphane Bancel on the Urgent Healthcare Crisis of an Aging Population
    568
  23. XNDU (Xanadu Quantum Technologies), a quantum computing company
    1451
  24. How about around $1,000?
    2022
  25. JEPQ or QQQI?
    1018
  26. Today is a holiday, what are you guys getting into?
    28113
  27. It's suddenly plummeting, what's going on?
    10420
  28. From AI to SI: What Elon Musk’s New Company Naming Strategy Really Means
    196
  29. Why does IREN keep going down?
    2004
  30. Honestly, the only reason people can't make money from stocks here is because of greed. I seriously don't get it..
    10911