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1.Here are the 10 Tigers whose post has the best quality & interaction yesterday:
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Snowflake's Guidance Down Is A Warning To Cloud Insdustry?
US Core PCE Preview: Forecasts from nine major banks, a hot reading
29/2 Jepi profit $45 per month ! Maximizing Returns with Covered Call Options Strategy** ๐๐พ
2.Here are the stocks mentioned by the above Tigers: $Amazon.com(AMZN)$ $Snowflake(SNOW)$ $Riot Blockchain, Inc.(RIOT)$ $Alphabet(GOOGL)$ $CleanSpark, Inc.(CLSK)$ $Coinbase Global, Inc.(COIN)$ $Marathon Digital Holdings Inc(MARA)$ $MicroStrategy(MSTR)$ $DJIA(.DJI)$ $JPMorgan Equity Premium Income ETF(JEPI)$ (Not investment advice)
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Below are Today's Key Takeaways.
Top News Move the Market
The S&P 500 and Nasdaq closed at record highs and the global equity index advanced on Thursday after a much anticipated U.S. inflation reading provided little surprise for relieved investors and helped push U.S. Treasury yields lower.
Shares of New York Community Bancorp $New York Community(NYCB)$ fell 20% in extended trading Thursday after the regional lender announced a leadership change and disclosed issues with its internal controls. The regional bank announced that Alessandro DiNello, its executive chairman, is taking on the roles of president and CEO, effective immediately. The bank also said that a recent assessment of the value of goodwill on its balance sheet will result in $2.4 billion impairment charge to its December quarter net income. The impairment won't impact its regulatory capital or credit agreements, said the bank in an 8-K filing with the U.S. Securities and Exchange Commission.
Snowflake $Snowflake(SNOW)$ tumbled 18% after the companyโs revenue outlook for the fiscal first quarter and year came up short of expectations, and the cloud-data company announced that Frank Slootman was stepping down as chief executive โeffective immediately.โ He will be replaced by Sridhar Ramaswamy, senior vice president of AI at Snowflake. Ramaswamy told Barronโs in an interview that Snowflake provides guidance based on historical consumption patterns. He noted that unlike companies that sign long-term contracts, Snowflake starts every quarter with zero revenue. He said the forecast was conservative.
Marathon Digital, $Marathon Digital Holdings Inc(MARA)$ the crypto miner, earned 66 cents a share in the fourth quarter, a swing from a year-earlier loss of $3.13. Revenue rose to $156.8 million from $28.4 million a year earlier and topped analystsโ forecasts. The stock fell nearly 17%.
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