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Stockreport

Snowflake Stock Rises as Wedbush Notes AI 'Sweet Spot' in Upgrade [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Wedbush said Snowflake was in the "sweet spot" to benefit from AI product demand. The analysts added that it was time for the broader software sector to "get in on the AI party." Shares of Snowflake ( SNOW ) gained about 3% Monday afternoon as Wedbush upgraded the stock, saying the cloud software provider is in the "sweet spot" to benefit from the booming demand for artificial intelligence (AI) products. The bank raised its rating on the stock to "outperform" from "neutral." It has a new price target of $190. Wedbush argued that "the AI Software era is now here in our view." The analysts wrote that the first big phase of AI was driven by big players, including Microsoft ( MSFT ), Amazon ( AMZN ), and Alphabet's ( GOOGL ) Google. They said now it's "time for the broader software space to get in on the AI Party." The analysts explained that Snowflake's "optimization" phase is over, and it continues to show strong improvement in quarter-over-quarter dollars "added for Product [Read more]
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Stockreport

Snowflake Stock Rises as Wedbush Notes AI 'Sweet Spot' in Upgrade [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Wedbush said Snowflake was in the "sweet spot" to benefit from AI product demand. The analysts added that it was time for the broader software sector to "get in on the AI party." Shares of Snowflake ( SNOW ) gained about 3% Monday afternoon as Wedbush upgraded the stock, saying the cloud software provider is in the "sweet spot" to benefit from the booming demand for artificial intelligence (AI) products. The bank raised its rating on the stock to "outperform" from "neutral." It has a new price target of $190. Wedbush argued that "the AI Software era is now here in our view." The analysts wrote that the first big phase of AI was driven by big players, including Microsoft ( MSFT ), Amazon ( AMZN ), and Alphabet's ( GOOGL ) Google. They said now it's "time for the broader software space to get in on the AI Party." The analysts explained that Snowflake's "optimization" phase is over, and it continues to show strong improvement in quarter-over-quarter dollars "added for Product [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS