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- JephthanJephthan
  ·2022-05-23
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  Tesla Said To Have Introduced A Second Shift At This Gigafactory
  Tesla Inc has introduced a second shift at its Giga Berlin factory last Friday, electric vehicle new
  Tesla Said To Have Introduced A Second Shift At This Gigafactory
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- JephthanJephthan
  ·2022-03-04
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  Here’s the One Thing That Could Make or Break Clover Health Stock
  CLOV stock investors want to know where management's taking its direct contracting business
  Here’s the One Thing That Could Make or Break Clover Health Stock
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- JephthanJephthan
  ·2022-03-03
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  Snowflake Plunged 22% After Revenue-Growth Outlook Disappoints
  (Bloomberg) -- Snowflake Inc., a software company that helps businesses organize data in the cloud,
  Snowflake Plunged 22% After Revenue-Growth Outlook Disappoints
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10:39","market":"us","language":"en","title":"Tesla Said To Have Introduced A Second Shift At This Gigafactory","url":"https://stock-news.laohu8.com/highlight/detail?id=1126049730","media":"Benzinga","summary":"Tesla Inc has introduced a second shift at its Giga Berlin factory last Friday, electric vehicle new","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/TSLA\">Tesla Inc</a> has introduced a second shift at its <b>Giga Berlin</b> factory last Friday, electric vehicle news website Tesmanian.com reported, citing people familiar with the matter.</p><p>What Happened: The second shift at the recently opened factory will help lift production amid the growing demand for Tesla vehicles.</p><p>Giga Berlin opened on March 22 and is Tesla’s first big factory in Europe. Production at the factory has ramped up slower than expected due to “disruption in the supply of components from China”, although the situation is beginning to improve, the report said.</p><p>The components for the production of Tesla&#39;s Model Y in Germany have begun to arrive as Chinese enterprises emerge from a month-long coronavirus lockdown.</p><p>Tesla did not immediately respond to Benzinga’s request for comment.</p><p>Why It Matters: CEO Elon Musk in April warned that Tesla’s second-quarter production would be slightly lower than the first with the possibility that it could likely “pull out a rabbit of its hat” and ensure higher output.</p><p>The world’s richest man said Tesla&#39;s production would be substantially higher in the third and the fourth quarters.</p><p>Tesla’s two new factories — Giga Berlin and Giga Texas — are expected to offset production disruptions this quarter.</p><p>Price Action: Tesla shares closed 6.4% lower at $663.9 on Friday.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Said To Have Introduced A Second Shift At This Gigafactory\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-23 10:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/05/27340475/teslas-giga-berlin-said-to-have-introduced-a-second-shift-from-friday><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc has introduced a second shift at its Giga Berlin factory last Friday, electric vehicle news website Tesmanian.com reported, citing people familiar with the matter.What Happened: The second ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/05/27340475/teslas-giga-berlin-said-to-have-introduced-a-second-shift-from-friday\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/news/22/05/27340475/teslas-giga-berlin-said-to-have-introduced-a-second-shift-from-friday","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126049730","content_text":"Tesla Inc has introduced a second shift at its Giga Berlin factory last Friday, electric vehicle news website Tesmanian.com reported, citing people familiar with the matter.What Happened: The second shift at the recently opened factory will help lift production amid the growing demand for Tesla vehicles.Giga Berlin opened on March 22 and is Tesla’s first big factory in Europe. Production at the factory has ramped up slower than expected due to “disruption in the supply of components from China”, although the situation is beginning to improve, the report said.The components for the production of Tesla's Model Y in Germany have begun to arrive as Chinese enterprises emerge from a month-long coronavirus lockdown.Tesla did not immediately respond to Benzinga’s request for comment.Why It Matters: CEO Elon Musk in April warned that Tesla’s second-quarter production would be slightly lower than the first with the possibility that it could likely “pull out a rabbit of its hat” and ensure higher output.The world’s richest man said Tesla's production would be substantially higher in the third and the fourth quarters.Tesla’s two new factories — Giga Berlin and Giga Texas — are expected to offset production disruptions this quarter.Price Action: Tesla shares closed 6.4% lower at $663.9 on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031045643,"gmtCreate":1646401316351,"gmtModify":1676534125801,"author":{"id":"3574124838722774","authorId":"3574124838722774","name":"Jephthan","avatar":"https://static.tigerbbs.com/2b2057ac00b208220c9641c12bf79c7a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574124838722774","authorIdStr":"3574124838722774"},"themes":[],"htmlText":"z","listText":"z","text":"z","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031045643","repostId":"1105612374","repostType":4,"repost":{"id":"1105612374","pubTimestamp":1646400580,"share":"https://ttm.financial/m/news/1105612374?lang=&edition=fundamental","pubTime":"2022-03-04 21:29","market":"us","language":"en","title":"Here’s the One Thing That Could Make or Break Clover Health Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1105612374","media":"InvestorPlace","summary":"CLOV stock investors want to know where management's taking its direct contracting business","content":"<html><head></head><body><p>After <b>Clover Health</b>(NASDAQ:<b><u>CLOV</u></b>) reported solid fourth-quarter 2021 results on Feb. 23, investors poured in and drove CLOV stock up 31%  before pulling back yesterday.</p><p>What happened on Thursday to fuel an almost 14% — between regular hours and after-hours trading? Read on, and I’ll explain what that one thing could be.</p><p><b>The Positives Behind CLOV Stock</b></p><p>As I said in the intro, Clover Health’s Q4 2021results on the top line delivered very healthy growth. Revenue in the period increased 160% over last year to $432.0 million, with 2021 revenue up 119% to $1.47 billion. In 2022, it expects total revenue to be $3.2 billion at the midpoint of its guidance, 118% higher than in 2021.</p><p>President Andrew Toy was excited about the future:</p><p>“In 2021, physicians responded to nearly one million Clover Assistant suggestions, and the Clover Assistant drove an improvement of more than 1,000 basis points in the MCRs for our Medicare Advantage members whose primary care providers used the Clover Assistant compared to members whose providers didn’t,” he was quoted in the company’s press release.</p><p>Also contributing to the good cheer was a 124% increase in total lives under Clover Management in 2021 to 129,996. It expects this number to increase by 90% or more in 2022.</p><p>That led to a normalized Medicare Advantage (MA)-to-Medical Care Ratio (MCR) of 94.5%, 140 basis points lower than 2020. It expects MA-MCR to fall some more in 2022 and 2023.</p><p>However, the top line isn’t what bothers investors. It’s the fact that Toy and his team can’t make money. Its normalized adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in 2021 was<i>minus</i>$213.4 million, 51% worse than in 2020.</p><p>On the plus side, Clover Health expects to reduce its adjusted operating expenses as a percentage of revenue by 700 basis points to 11% at the midpoint of its guidance from 18% in 2021. That should lower its normalized adjusted EBITDA in 2022.</p><p><b>Adding Growth Woes to Profitability Worries</b></p><p>Of the company’s $1.47 billion in revenue in 2021, its direct contracting business accounted for 45%. In 2022, it expects $2.15 billion in revenue from direct contracting, 222% higher than in 2021 and accounting for 67% of overall revenue for the year.</p><p>Given the company’s not making money, it can’t afford to see any of this revenue disappear. Adding growth woes to profitability woes would be the kiss of death.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3add63ddf0e707161ca6c43a26d10139\" tg-width=\"1024\" tg-height=\"529\" width=\"100%\" height=\"auto\"/><span>Source: Koyfin</span></p><p>On Feb. 24, the Centers for Medicare &amp; Medicaid Services (CMS) announced that the Direct Contracting Model would remain, albeit in a redesigned format. The new model is called the Accountable Care Organization (ACO) Realizing Equity Access, and Community Health (REACH).</p><p>“The Biden-Harris Administration remains committed to promoting value-based care that improves the health care experience of people with Medicare, Medicaid and Marketplace coverage,” said CMS Administrator Chiquita Brooks-LaSure.</p><p>The ACO REACH will be test-runfrom Jan. 1, 2023 through the end of 2026.</p><p>I’ve already seen several positive and negative responses from Wall Street. I think it’s too early to tell what this will mean for Clover Health and the rest of the companies operating a direct contracting model. As more information becomes available, investors will have an easier time deciding if the move by CMS is a good one for the company.</p><p>In the meantime, until Clover Health can demonstrate a pathway to profitability, the prospects of CLOV rising from penny-stock status seem remote.</p><p><b>The Bottom Line on CLOV Stock</b></p><p>When I last wrote about Clover Health in December, I suggested that its share price had bottomed.CLOV stock was trading at $4 at the time. We know in hindsight that bottom wasn’t quite in.</p><p>Although I remain cautiously optimistic about its business, I don’t get a warm fuzzy feeling about the shares. I certainly wouldn’t be buying CLOV stock.However, should the company comment on the changes and what it means for its business going forward, I think the shackles could come off its share price.</p><p>If you’re an aggressive investor, despite the 31% move over the past week, I’m not sure there’s a ton of downside at this point. The direct contracting model is sticking around. That’s all that matters.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here’s the One Thing That Could Make or Break Clover Health Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere’s the One Thing That Could Make or Break Clover Health Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-04 21:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/03/the-1-thing-to-make-or-break-clover-health-clov-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After Clover Health(NASDAQ:CLOV) reported solid fourth-quarter 2021 results on Feb. 23, investors poured in and drove CLOV stock up 31%  before pulling back yesterday.What happened on Thursday to fuel...</p>\n\n<a href=\"https://investorplace.com/2022/03/the-1-thing-to-make-or-break-clover-health-clov-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp"},"source_url":"https://investorplace.com/2022/03/the-1-thing-to-make-or-break-clover-health-clov-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105612374","content_text":"After Clover Health(NASDAQ:CLOV) reported solid fourth-quarter 2021 results on Feb. 23, investors poured in and drove CLOV stock up 31%  before pulling back yesterday.What happened on Thursday to fuel an almost 14% — between regular hours and after-hours trading? Read on, and I’ll explain what that one thing could be.The Positives Behind CLOV StockAs I said in the intro, Clover Health’s Q4 2021results on the top line delivered very healthy growth. Revenue in the period increased 160% over last year to $432.0 million, with 2021 revenue up 119% to $1.47 billion. In 2022, it expects total revenue to be $3.2 billion at the midpoint of its guidance, 118% higher than in 2021.President Andrew Toy was excited about the future:“In 2021, physicians responded to nearly one million Clover Assistant suggestions, and the Clover Assistant drove an improvement of more than 1,000 basis points in the MCRs for our Medicare Advantage members whose primary care providers used the Clover Assistant compared to members whose providers didn’t,” he was quoted in the company’s press release.Also contributing to the good cheer was a 124% increase in total lives under Clover Management in 2021 to 129,996. It expects this number to increase by 90% or more in 2022.That led to a normalized Medicare Advantage (MA)-to-Medical Care Ratio (MCR) of 94.5%, 140 basis points lower than 2020. It expects MA-MCR to fall some more in 2022 and 2023.However, the top line isn’t what bothers investors. It’s the fact that Toy and his team can’t make money. Its normalized adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in 2021 wasminus$213.4 million, 51% worse than in 2020.On the plus side, Clover Health expects to reduce its adjusted operating expenses as a percentage of revenue by 700 basis points to 11% at the midpoint of its guidance from 18% in 2021. That should lower its normalized adjusted EBITDA in 2022.Adding Growth Woes to Profitability WorriesOf the company’s $1.47 billion in revenue in 2021, its direct contracting business accounted for 45%. In 2022, it expects $2.15 billion in revenue from direct contracting, 222% higher than in 2021 and accounting for 67% of overall revenue for the year.Given the company’s not making money, it can’t afford to see any of this revenue disappear. Adding growth woes to profitability woes would be the kiss of death.Source: KoyfinOn Feb. 24, the Centers for Medicare & Medicaid Services (CMS) announced that the Direct Contracting Model would remain, albeit in a redesigned format. The new model is called the Accountable Care Organization (ACO) Realizing Equity Access, and Community Health (REACH).“The Biden-Harris Administration remains committed to promoting value-based care that improves the health care experience of people with Medicare, Medicaid and Marketplace coverage,” said CMS Administrator Chiquita Brooks-LaSure.The ACO REACH will be test-runfrom Jan. 1, 2023 through the end of 2026.I’ve already seen several positive and negative responses from Wall Street. I think it’s too early to tell what this will mean for Clover Health and the rest of the companies operating a direct contracting model. As more information becomes available, investors will have an easier time deciding if the move by CMS is a good one for the company.In the meantime, until Clover Health can demonstrate a pathway to profitability, the prospects of CLOV rising from penny-stock status seem remote.The Bottom Line on CLOV StockWhen I last wrote about Clover Health in December, I suggested that its share price had bottomed.CLOV stock was trading at $4 at the time. We know in hindsight that bottom wasn’t quite in.Although I remain cautiously optimistic about its business, I don’t get a warm fuzzy feeling about the shares. I certainly wouldn’t be buying CLOV stock.However, should the company comment on the changes and what it means for its business going forward, I think the shackles could come off its share price.If you’re an aggressive investor, despite the 31% move over the past week, I’m not sure there’s a ton of downside at this point. The direct contracting model is sticking around. That’s all that matters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9033681439,"gmtCreate":1646266934064,"gmtModify":1676534109988,"author":{"id":"3574124838722774","authorId":"3574124838722774","name":"Jephthan","avatar":"https://static.tigerbbs.com/2b2057ac00b208220c9641c12bf79c7a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574124838722774","authorIdStr":"3574124838722774"},"themes":[],"htmlText":"z","listText":"z","text":"z","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9033681439","repostId":"2216105764","repostType":4,"repost":{"id":"2216105764","pubTimestamp":1646260349,"share":"https://ttm.financial/m/news/2216105764?lang=&edition=fundamental","pubTime":"2022-03-03 06:32","market":"us","language":"en","title":"Snowflake Plunged 22% After Revenue-Growth Outlook Disappoints","url":"https://stock-news.laohu8.com/highlight/detail?id=2216105764","media":"bloomberg","summary":"(Bloomberg) -- Snowflake Inc., a software company that helps businesses organize data in the cloud, ","content":"<html><head></head><body><p>(Bloomberg) -- <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> Inc., a software company that helps businesses organize data in the cloud, plunged more than 22% in extended trading after projecting that product sales growth would slow from its previous triple-digit-percentage pace in the fiscal year.</p><p><img src=\"https://static.tigerbbs.com/f16df3b268c5f6eb1e2355c85e18f30f\" tg-width=\"715\" tg-height=\"619\" width=\"100%\" height=\"auto\"/></p><p>Product sales will increase as much as 67% to $1.9 billion in the current year, the company said Wednesday in a statement. While in line with estimates, the forecast represents a significant decline in Snowflake’s revenue growth, which has more than doubled year-over-year in each of the past six quarters.</p><p>The outlook suggests Snowflake is being hurt by the rising competition in the data storage and analytics sector. Product revenue makes up almost 95% of the company’s total sales.</p><p>The forecast “could be due to saturation of new customer additions at large companies,” said Mandeep Singh, an analyst at Bloomberg Intelligence. “Though we believe the company is likely to move toward midsized companies, it may mean adding more capabilities around data visualization,” he said in a note.</p><p>Snowflake also agreed to acquire Streamlit, a company that helps developers build and share data applications, in a stock-and-cash deal for $800 million, executives said on a conference call after the results were released.</p><p>Snowflake, which helps businesses cull and interpret data, gained prominence by taking the on-premises data warehouse and moving it to the cloud. However, its initial public offering, which was the largest in the U.S. in 2020, and subsequent success have led to a rush of investment in the sector, including into startups such as Databricks Inc. and Starburst Data Inc. that are trying to eliminate the need for Snowflake’s core offering.</p><p>But Snowflake is also adding features, like improved analytic capabilities to review corporate data to help predict future behavior, which is ramping up competition in a sector long-dominated by legacy vendors like Oracle Corp.</p><p>Fiscal fourth-quarter revenue doubled to $383.8 million. Analysts, on average, estimated $372 million. The company’s net loss narrowed to $132.1 million, or 43 cents a share, from a loss of $198.9 million, or 70 cents, in the period a year earlier.</p><p>Snowflake’s stock fell to a low of $184.02 in extended trading after closing at $264.69 in New York. The shares have declined 34% from a November high.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Snowflake Plunged 22% After Revenue-Growth Outlook Disappoints</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSnowflake Plunged 22% After Revenue-Growth Outlook Disappoints\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-03 06:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/snowflake-plunges-revenue-growth-outlook-223229218.html><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Snowflake Inc., a software company that helps businesses organize data in the cloud, plunged more than 22% in extended trading after projecting that product sales growth would slow from...</p>\n\n<a href=\"https://finance.yahoo.com/news/snowflake-plunges-revenue-growth-outlook-223229218.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KIM":"金科","SNOW":"Snowflake","ORCL":"甲骨文"},"source_url":"https://finance.yahoo.com/news/snowflake-plunges-revenue-growth-outlook-223229218.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2216105764","content_text":"(Bloomberg) -- Snowflake Inc., a software company that helps businesses organize data in the cloud, plunged more than 22% in extended trading after projecting that product sales growth would slow from its previous triple-digit-percentage pace in the fiscal year.Product sales will increase as much as 67% to $1.9 billion in the current year, the company said Wednesday in a statement. While in line with estimates, the forecast represents a significant decline in Snowflake’s revenue growth, which has more than doubled year-over-year in each of the past six quarters.The outlook suggests Snowflake is being hurt by the rising competition in the data storage and analytics sector. Product revenue makes up almost 95% of the company’s total sales.The forecast “could be due to saturation of new customer additions at large companies,” said Mandeep Singh, an analyst at Bloomberg Intelligence. “Though we believe the company is likely to move toward midsized companies, it may mean adding more capabilities around data visualization,” he said in a note.Snowflake also agreed to acquire Streamlit, a company that helps developers build and share data applications, in a stock-and-cash deal for $800 million, executives said on a conference call after the results were released.Snowflake, which helps businesses cull and interpret data, gained prominence by taking the on-premises data warehouse and moving it to the cloud. However, its initial public offering, which was the largest in the U.S. in 2020, and subsequent success have led to a rush of investment in the sector, including into startups such as Databricks Inc. and Starburst Data Inc. that are trying to eliminate the need for Snowflake’s core offering.But Snowflake is also adding features, like improved analytic capabilities to review corporate data to help predict future behavior, which is ramping up competition in a sector long-dominated by legacy vendors like Oracle Corp.Fiscal fourth-quarter revenue doubled to $383.8 million. Analysts, on average, estimated $372 million. The company’s net loss narrowed to $132.1 million, or 43 cents a share, from a loss of $198.9 million, or 70 cents, in the period a year earlier.Snowflake’s stock fell to a low of $184.02 in extended trading after closing at $264.69 in New York. The shares have declined 34% from a November high.","news_type":1},"isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}