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-0.00177469787881343 -0.00321135806642437 0.00244992816699064 0.00219724499281674 0.00887348939406741 0.00819741401166229 0.0119580833262909 0.0089579988168681
Stock impact report

Jim Cramer Says Snowflake Inc (NYSE:SNOW) is Facing ‘Some Difficulties' [Yahoo! Finance]

Snowflake Inc. Class A (SNOW) 
Last snowflake inc. class a earnings: 5/4 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Jim Cramer in a latest program on CNBC said that the market had already priced in the positive comments from the Fed Chair Jerome Powell at the Jackson Hole event in Wyoming. Cramer said some bulls might be hoping for an indication of “multiple rate cuts,” but that's “not gonna happen.” Cramer talked about the latest 8-day winning streak of the market which he called a “resurrection.” He said that almost “anything” during these days went up. Even the companies with “bad” results went up because investors thought they would improve once the Fed begins to cut interest rates, Cramer said. “But that was then, this is now. Since the winning streak ended we are starting to get into what I call the buyer's remorse phase of this move. Stocks have had a nice run based on nothing more than hope are now rolling over hard.” Jim Cramer also pointed to the possible events in the coming months that could keep the markets depressed: “Maybe the Fed is already too late and the economy will get Show less Read more
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