Demand for Hopper and anticipation for Blackwell are incredible, said Nvidia CEO Jensen Huang.
Snowflake CEO Sridhar Ramaswamy said, “Our obsessive drive to produce product cohesion and ease of use has built Snowflake into the easiest and most cost effective enterprise data platform.”
Wall Street analysts expect the company to post Earnings Per Share (EPS) of $0.93 on revenue of $5.12 billion.
Jefferies praised the move as a “big step forward” for Meta’s enterprise AI ambitions.
Users on Stocktwits appear to be bearish following the revised guidance, which now projects a larger revenue decline, with the improved operating margin forecast failing to lift sentiment.
For its fiscal fourth quarter 2024, its revenue grew 12% year-over-year to $2.2 billion, while GAAP net income was $357.7 million, or $1.01 per diluted share.
The analyst expects the success of the fight to accelerate Netflix’s push into “eventized” live programming, potentially reducing subscriber churn while enabling price increases.
Disappointing retail earnings and concerns about bloated valuations are weighing down on retail sentiment toward some stocks.
Cook stated that if the labor market and inflation continue to progress in line with her forecast, it could be appropriate to lower the level of policy restriction over time
Block was speaking at the Sohn Conference in London where he said that elf Beaty “seems to sell a product it does not have,” according to a Business Insider report.
