SNOW Jul 2024 340.000 put
- Yahoo Finance Video
Nvidia earnings, Jamie Dimon weighs in on economy: Morning Brief
The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) are raring to go as they open Thursday's session higher after Nvidia's (NVDA) more than promising first-quarter earnings reported after Wednesday's market close. Catch Yahoo Finance's exclusive interview with Nvidia CEO Jensen Huang. The Morning Brief Anchors Seana Smith and Brad Smith walk you through everything Nvidia this morning and how stocks are reacting to the chipmaker's latest earnings beat. Charles Schwab Chief Global Investment Strategist and Managing Director Chief Global Investment Strategist and Managing Director Jeffrey Kleintop sees market drivers moving out of just the tech sector, as European economic data shows promise, also outlining trade tensions between the United States and China to be possible headwinds for Nvidia going forward. In other news, the US Justice Department is reportedly prepping an antitrust lawsuit against concert and event ticket seller Live Nation Entertainment (LYV). After the release of the Federal Reserve's May FOMC meeting minutes, JPMorgan Chase (JPM) CEO Jamie Dimon and Goldman Sachs (GS) CEO David Solomon have weighed in on the state of the US economy, voicing concerns for a hard-landing scenario and the Fed's path for interest rates. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Snowflake stock rises on full-year sales outlook boost
Shares of Snowflake (SNOW) are moving on Thursday morning after the company posted its first quarter report, beating revenue expectations with $828.71 million against an expected $786.26 million. The company also boosted its full-year sales outlook from $3.25 billion to $3.3 billion. Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest developments for Snowflake, including its AI spending budgets. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
- Investor's Business Daily
Snowflake Delivers Strong Sales Forecast But Wall Street Watching AI Costs
Snowflake stock jumped on its Q1 report but gave up its gains. Earnings were below views, but sales and outlook beat.
