Snow is awesome!!

Created at
169.**.203.195   4   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].



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  Comments 4
110.**.58.114 (Created at )   | Reply
But then again, this is a stock that constantly plummets out of nowhere, so…
32.**.76.18 (Created at )   | Reply
I remember Snow going up to 400 right after listing, but it's 370 after hours.
114.**.9.145 (Created at )   | Reply
👍👍👍
221.**.249.121 (Created at )   | Reply
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
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