Snowflake Stock Surges as Revenue, Adjusted Profits Surpass Estimates

Biztoc.com - 21. november 2024

Snowflake Stock Surges as Revenue, Adjusted Profits Surpass Estimates

Key Takeaways - Snowflake shares soared 30% Thursday, a day after its third-quarter results beat estimates. - Revenue rose year-over-year, while the company also reported better adjusted profits than expected. - Snowflake also announced an acquisition and a p…

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Microstrategy breaks into top 100 U.S. publicly traded companies as Bitcoin reaches $94,000

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