Diamonds and Dogs

11/21/24

Snowflake (SNOW) is the diamond of the day as the first snow hits central New York. The AI software firm is up 32% as earnings beat by 5 cents as sales rose 28% to $942 million. The company also provided upside guidance as a secular trend may be developing with increase software spending. The stock was upgraded with a $188 price target.

Google, Alphabet (GOOGL) is taking a hit down 4% on rumblings from the DOJ looking to push for a forced sale of Chrome and potentially Android. The current administration only has a few months left before Trump's team enters and may reverse course on current policies.

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