Key Points
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Snowflake stock dropped after its fiscal third-quarter report despite 29% revenue growth.
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Revenue growth decelerated in fiscal Q3 —
Digitap isn’t only on the radars of retail investors; institutions and whales are also loading up. Its DeFi-TradFi narrative contributes to its appeal. Not only that. Its astounding growth prospects as an early project drive massive demand—early funding has surpassed $2.2 million in record time.
Available for sale at $0.0334 in its second presale round,
Snowflake stock dropped after its fiscal third-quarter report despite 29% revenue growth.
Revenue growth decelerated in fiscal Q3 —
» Read more about: Snowflake Stock Just Took a Hit: 3 Reasons I'm Not Buying the Dip »
US stock futures are pointing higher this morning, with a key S&P 500 contract up about 0.2 percent as investors bet the Federal Reserve will start cutting interest rates as soon as next week. Markets are pricing in a quarter point cut, while the Fed’s preferred inflation gauge is expected to sit just under 3 percent,
Tesla is witnessing increasing cost pressures across its business.
Despite increasing optimism about its robotaxi and Optimus humanoid robot businesses,
» Read more about: Why Is Wall Street So Bearish on Tesla? There's 1 Key Reason. »
» Read more about: Can Salesforce Stock Recover? Here's What Wall Street Thinks »