Advertisement
Canada markets open in 4 hours
  • S&P/TSX

    21,885.38
    +11.66 (+0.05%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CAD/USD

    0.7326
    +0.0003 (+0.03%)
     
  • CRUDE OIL

    83.73
    +0.16 (+0.19%)
     
  • Bitcoin CAD

    88,027.84
    +577.73 (+0.66%)
     
  • CMC Crypto 200

    1,390.55
    -5.98 (-0.43%)
     
  • GOLD FUTURES

    2,363.40
    +20.90 (+0.89%)
     
  • RUSSELL 2000

    1,981.12
    -14.31 (-0.72%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • NASDAQ futures

    17,714.00
    +146.50 (+0.83%)
     
  • VOLATILITY

    15.64
    +0.27 (+1.76%)
     
  • FTSE

    8,106.81
    +27.95 (+0.35%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6822
    +0.0001 (+0.01%)
     

1 Huge Trend That Will Drive Snowflake's Future Results

1 Huge Trend That Will Drive Snowflake's Future Results

Although Snowflake (NYSE: SNOW) is one of the fastest-growing companies in the market, it's also unprofitable -- a bad trait to have in this turbulent economy. Unfortunately, rising interest rates are like kryptonite to high-growth, unprofitable stocks. Technological improvements in artificial intelligence and cloud computing have recently made it possible to use the vast volumes of information that companies collect to make critical decisions about the future -- a revolutionary development.