Canada Markets closed

Snowflake Stock: Bear vs. Bull

Leo Sun, The Motley Fool
·4 min read
Snowflake Stock: Bear vs. Bull
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • SNOW
  • AMZN
  • GOOGL
  • MSFT

The cloud-based data warehousing company went public at $120 per share, started trading at $245, and hit an all-time high of $405 a share last November. Snowflake doesn't operate its own public cloud platform, so its services actually run on AWS, Azure, and Google Cloud.

Continue reading
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting

Latest Stories

  • Retirees: 2 Hot Dividend Stocks to Shield You From Market Volatility

    Nutrien (TSX:NTR)(NYSE:NTR) and Enbridge (TSX:ENB)(NYSE:ENB) are two great dividend stocks to shield from volatility in a scary 2022. The post Retirees: 2 Hot Dividend Stocks to Shield You From Market Volatility appeared first on The Motley Fool Canada.

  • Statistics Canada says higher prices lift manufacturing and wholesale sales higher

    OTTAWA — Canadian manufacturing sales and wholesale trade figures climbed higher in March, but the gains came due to higher prices. Statistics Canada said Monday manufacturing sales rose 2.5 per cent to $70.2 billion in March, however sales in constant dollars were unchanged. Meanwhile, wholesale sales rose 0.3 per cent in March to $79.8 billion, but in constant dollar terms sales fell 0.6 per cent for the month. Nikita Perevalov, director of economic forecasting at Scotiabank, said the disappoi

  • HOPIUM proposes the appointment of French Cabinet Minister for Transport, Mr. Jean-Baptiste Djebbari, as a member of its Board of Directors

    HOPIUM, the first French manufacturer of high-end hydrogen vehicles, announces today the strengthening of its governance, with the proposed appointment of Jean-Baptiste Djebbari as a member of its Board of Directors. This appointment will be submitted to the approval of HOPIUM's next General Assembly, on June 20th, 2022.

  • Workers start union push at Trader Joe's in Massachusetts

    Employees are seeking to unionize at a Trader Joe's grocery store in western Massachusetts, joining a nationwide surge of labor organizing among retail and food service workers. Organizers at the store in Hadley sent an open letter to company CEO Dan Bane dated Saturday citing concerns about pay, benefits and safety. They asked for a union election “without interference or obstruction." Workers across the country, including multiple Starbucks locations and an Amazon warehouse in New York, have s

  • Aircraft lessor SMBC to buy rival Goshawk in $6.7 billion deal

    SMBC Aviation Capital agreed on Monday to buy smaller rival Goshawk Aviation for an enterprise value of $6.7 billion in a deal it said would make it the world's second largest aircraft lessor by number of aircraft. The acquisition to create a combined company with 37 billion euros ($38.45 billion) in assets comes six months after Ireland's AerCap Holdings NV consolidated its position as the world's largest aircraft lessor through its takeover of General Electric's leasing business. SMBC, which is owned by a consortium including Japan's Sumitomo Corp and Sumitomo Mitsui Financial Group, said it will take over a portfolio of 176 owned and managed aircraft to bring its total fleet to 709.

  • Peloton, NordicTrack maker iFit settle all litigation

    NEW YORK (Reuters) -Peloton Interactive Inc and NordicTrack maker iFit said they have settled all pending litigation between them, where the fitness equipment makers accused each other of infringing their respective patents. In a joint statement on Monday, the companies said Peloton agreed to license some iFit patents concerning remote control technology, while iFit will remove some on-demand leaderboard technology from its products. The settlement came six days after New York-based Peloton posted a record $757.1 million quarterly loss as it wrestled with waning demand for its bikes and treadmills, with more people resuming pre-pandemic activities.

  • Which TSX Tech Stocks Offer the Best Value?

    These Canadian companies offer great value and have multiple growth catalysts to fuel their long term growth. The post Which TSX Tech Stocks Offer the Best Value? appeared first on The Motley Fool Canada.

  • Backer of stricken TerraUSD says spent reserves trying to salvage dollar peg

    HONG KONG (Reuters) -An affiliate of the company behind collapsed stablecoin TerraUSD on Monday said it had spent the bulk of its reserves trying to defend its dollar peg last week and would use what little remained to compensate some users who had lost out. Cryptocurrency markets were rocked by the spectacular collapse of TerraUSD, a so-called stablecoin which lost its 1:1 dollar peg. Luna Foundation Guard (LFG), a Singapore-based non-profit organisation designed to maintain TerraUSD's price, had been building large reserves of cryptocurrencies - including over 80,000 bitcoin - to support the peg.

  • Carlyle in talks to buy U.S. defense contractor ManTech - Bloomberg News

    Reuters exclusively reported in February that ManTech's co-founder George Pederson was exploring options for his controlling stake that included a sale of the company. Shares of Herndon, Virginia-based ManTech have since jumped 11%.

  • BIRTH OF THREE LYNX KITTENS AT THE BIODÔME

    Espace pour la vie is delighted to announce the birth of three lynx kittens at the Montréal Biodôme on May 1st. The kittens and their mother are doing well. Since the birth, the young lynxes have been very lively and their mother has been attentively seeing to their needs with nursing, cleaning and keeping them warm. It will not be possible to determine the kittens' genders for a few weeks. From now until summer, a strict protocol will be followed to ensure that the newborns are left in peace an

  • Convicted killer turned tech whiz confronts his sordid past

    REHOVOT, Israel (AP) — When he was 20 years old, Harel Hershtik planned and executed a murder, shooting his victim in the head and burying the body in a crime that a quarter of a century later is still widely remembered for its grisly details. Today, he is the brains behind an Israeli health-tech startup, poised to make millions of dollars with the backing of prominent public figures and deep-pocket investors. Neither his conviction for premeditated murder, his lengthy prison sentence nor his pa

  • Stocks end mostly lower, extending losing streak for S&P 500

    NEW YORK (AP) — Stocks closed a wobbly day of trading mostly lower on Wall Street Monday, extending a losing streak for markets. The broader market is in the midst of a slump as investors try to gauge how companies and consumers are dealing with higher prices and whether central banks can help ease the problem. Major indexes have been slipping since early April. “Time is the most important factor here,” said Mark Hackett, chief of investment research at Nationwide. “Right now sentiment and emoti

  • 1 ETF That Could Help You Weather the Storm!

    BMO Low Volatility Canadian Equity ETF (TSX:ZLB) is a great one-stop-shop ETF for beginner investors who want to invest cautiously in a rocky market. The post 1 ETF That Could Help You Weather the Storm! appeared first on The Motley Fool Canada.

  • New Investors: How to Get a Pay Raise Every Year

    New investors may be uncomfortable with stock price volatility. What if you can get a pay raise every year from safe dividend stocks? The post New Investors: How to Get a Pay Raise Every Year appeared first on The Motley Fool Canada.

  • 2 Canadian Dividend Stars for TFSA Passive Income

    Top Canadian financial stocks are trading at discounted prices and offer TFSA investors great dividends for passive income. The post 2 Canadian Dividend Stars for TFSA Passive Income appeared first on The Motley Fool Canada.

  • Ex-Goldman CEO Blankfein says recession possibility is 'very high risk factor'

    Former Goldman Sachs CEO Lloyd Blankfein said on Sunday he believes the economy is at risk of possibly going into a recession, as the U.S. Federal Reserve continues to raise interest rates to tackle rising inflation. Speaking on "Face the Nation" on CBS, Blankfein said a recession is "a very, very high risk factor."

  • 2 Promising REITs With Yields Over 6%

    SmartCentres REIT (TSX:SRU.UN) and Automotive Properties REIT (TSX:APR.UN) look like 6%-yielding bargains after their respective dips. The post 2 Promising REITs With Yields Over 6% appeared first on The Motley Fool Canada.

  • The 3 Best Retirement Stocks to Earn $250 in Monthly Income

    If you are retiring in 2022, here are three retirement stocks to buy and lock in a tax-free, monthly passive income of $250. The post The 3 Best Retirement Stocks to Earn $250 in Monthly Income appeared first on The Motley Fool Canada.

  • BOLD CAPITAL ENTERPRISES LTD. PROVIDES UPDATE ON PROPOSED ACQUISITION OF SINUSAFE MEDICAL LTD.

    Bold Capital Enterprises Ltd. ("Bold") (TSXV: BOLD.P) is pleased to provide shareholders with an update with respect to its previously announced (see March 17, 2022 press release) proposed arm's-length acquisition (the "Transaction") of SinuSafe Medical Ltd. ("SinuSafe"), a corporation formed under the laws of Israel.

  • 3 TSX Dividend Stocks That Could Bring Cash, Even Amid Volatility

    Regardless of volatility, these TSX dividend stocks continue to return strong cash to their shareholders. The post 3 TSX Dividend Stocks That Could Bring Cash, Even Amid Volatility appeared first on The Motley Fool Canada.