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0.000306856040680314 0 -0.00149044362616168 -0.00339163598106256 -0.00333157987024369 -0.00122742416272138 -0.00311239698404352 -0.000437050675083221
Stock impact report

Snowflake Stock Falls 10%. Know Why, And If To Buy $SNOW Post Earnings [Forbes]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Forbes
The company achieved a $100M AI revenue run-rate a quarter early, with its enterprise AI agent seeing the fastest adoption in Snowflake's history. Despite the stock dip, Snowflake showed solid underlying business health, including 29% revenue growth, 125% net retention, and increased free cash flow. Snowflake stock was up 68% for the year up until the stock market closed December 3. After that, the data management company reported third-quarter earnings and shares fell 10% in Thursday morning trading, according to Google Finance Despite beating expectations for the most recent quarter, Wall Street balked because Snowflake's “product revenue guidance was barely above the consensus estimate,” noted Seeking Alpha. This raises a question for investors: Is The Dip In Snowflake's Stock A Buying Opportunity? Despite the company's slowing growth, high valuation, and significant competition, solid execution, AI momentum, a growing pipeline and customer stickiness could combine t Show less Read more
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