24H | Snowflake Jumps 9%; MARA up 8%; Tesla Down Another 1%; Salesforce Down 5%; C3.ai Down 7%; Teladoc Health Down 16%

Tiger Newspress
02-27

Snowflake Shares jumped 9% in overnight trading following the results. Snowflake reported fourth-quarter financials that came in well above Wall Street estimates, helping to push up shares of the cloud-based data storage company.

Snowflake reported fourth-quarter earnings of 30 cents a share on revenue of $986.8 million. Analysts surveyed by FactSet were expecting earnings of 18 cents a share on revenue of $957 million.

The company also reported product revenue -- derived from Snowflake customers' consumption of compute, storage, and data transfer -- of $943.3 million, beating estimates of $914 million.

MARA stock gained 8% in overnight trading after reporting fourth-quarter revenue of $214.4 million, up 37% year-over-year. The revenue beat a Street consensus estimate of $186.4 million.

The company reported earnings per share of $1.24, beating a Street consensus estimate of 68 cents per share.

For the full fiscal year, MARA's revenue was $656.4 million, up 69% year-over-year.

The company had records for revenue, net income and adjusted EBITDA for the full fiscal year and fourth quarter.

Tesla stock continued to fall 1% in overnight trading after falling 4% on Wednesday as new vehicle registrations in the European Union and the U.K. declined sharply in January. The auto maker’s market value fell below $1 trillion. Coming into Wednesday, the stock has fallen nearly 40% from its record closing high of just under $480 a share on Dec. 17.

Salesforce shares down 5% in overnight trading. The business software provider forecast fiscal 2026 revenue below Wall Street expectations on Wednesday, weighed down by slower adoption of its artificial intelligence agent platform.

The software-as-a-service pioneer is banking heavily on AI agents to reinvigorate growth at a time when other cloud firms, including Microsoft and Amazon, have firmly established themselves as leaders in the sector while making strides in machine learning.

The downbeat forecast indicates that the spending environment remains pressured, with enterprises withholding new financial commitments owing to still-high interest rates and economic uncertainty. The company expects revenue to be between $40.5 billion and $40.9 billion, compared to the average analysts' estimate of $41.35 billion, according to data compiled by LSEG.

C3.ai Inc. shares tumbled 7% in overnight trading, as the company posted a narrower-than-expected loss for the latest quarter but saw revenue growth slow.

The enterprise-software company (AI) posted a fiscal third-quarter loss of 62 cents a share, after a loss of 60 cents a share in the prior year's quarter. C3.ai's adjusted third-quarter loss was 12 cents a share, beating the FactSet analyst consensus of a loss of 25 cents a share.

The results continued the company's run of quarterly losses. C3.ai has reported a net loss for every quarter since its initial public offering in December 2020. However, C3.ai has never missed bottom-line expectations.

Teladoc Health, a leader in telehealth services, released its fourth-quarter earnings on Feb. 26. The company reported revenue of $640.5 million, just above the $639 million that analysts had expected, but 3% lower than the same quarter last year. Its net loss per share was $0.28, worse than the loss of $0.26 per share that analysts had anticipated.

TDOC shares tumbled 16% in overnight trading.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10