What SaaSpocalypse? Snowflake stock skyrockets on AI-driven earnings


Snowflake (SNOW) stock is skyrocketing after the company reported quarterly earnings that beat analysts’ estimates. Salesforce’s (CRM) earnings also beat Wall Street’s estimates, though its second quarter revenue outlook fell short.

Guggenheim Securities senior research analyst and senior managing director of software, John DiFucci, joins Yahoo Finance to explain why Snowflake is surging and why Salesforce is falling flat.



Source link

  • Related Posts

    Michigan Gov. Gretchen Whitmer says she won’t run for president in 2028

    Michigan Gov. Gretchen Whitmer on Thursday said that she does not plan to run for president in 2028, rebuffing assumptions that she would join what’s expected to be a crowded…

    Thursday assorted links

    1. “Robinhood launched agentic trading and an agentic credit card today that will allow AI agents to trade equities and make credit card purchases on customers’ behalf.”  With cash back,…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Michigan Gov. Gretchen Whitmer says she won’t run for president in 2028

    Michigan Gov. Gretchen Whitmer says she won’t run for president in 2028

    Call Of Duty: Warzone Is Dying On PS4 And Xbox One

    Call Of Duty: Warzone Is Dying On PS4 And Xbox One

    US, Mexico, Canada announce Ebola-related travel measures for World Cup | World Cup 2026 News

    US, Mexico, Canada announce Ebola-related travel measures for World Cup | World Cup 2026 News

    Should I get air conditioning in the UK – and can it be green? | Energy efficiency

    Should I get air conditioning in the UK – and can it be green? | Energy efficiency

    2026 WCWS preview: Strengths and weaknesses for every team

    2026 WCWS preview: Strengths and weaknesses for every team

    Sorry, Satin—Silk Taffeta Trousers Are In For Summer 2026

    Sorry, Satin—Silk Taffeta Trousers Are In For Summer 2026