Snowflake CEO Frank Slootman said Wednesday that shareholders need to be patient with the company’s stock because the cloud transition is not happening overnight. “Our business is really going to conduct itself really over considerable, long periods of time,” Slootman said in an interview with CNBC’s Jim Cramer on “Mad
Paul Hennessy | LightRocket | Getty Images Federal prosecutors have charged 14 people — including a medical doctor and owners of laboratories, pharmacies and a home health agency — in multiple Covid-related fraud schemes that allegedly bilked consumers and insurers out of $143 million, the Department of Justice announced Wednesday.
Amazon CEO Jeff Bezos announces the co-founding of The Climate Pledge at the National Press Club on September 19, 2019, in Washington. Paul Morigi | Getty Images | Amazon Jeff Bezos on Wednesday stewarded his last shareholder meeting as CEO of Amazon, highlighting the company’s successes in the previous year,
CNBC’s Jim Cramer expressed optimism Wednesday toward Google‘s new health-care venture with hospital chain HCA Healthcare, heralding the deal as the latest positive catalyst for shares of the technology giant. “It’s the kind of thing that makes you want to buy the stock, and even though Google’s up 36% for
Security personnel stand guard outside the Wuhan Institute of Virology in Wuhan as members of the World Health Organization (WHO) team investigating the origins of the COVID-19 coronavirus make a visit to the institute in Wuhan in China’s central Hubei province on February 3, 2021. Hector Retamal | AFP |
A masked couple poses for photos in front of a statue of Walt Disney and Mickey Mouse, with Sleeping Beauty Castle behind, at Disneyland Resort in Anaheim, CA, as visitors return to the park with covid-safety restrictions in place, including the park only being at 25% capacity, Monday, May 3,
The William Hill Sportsbook opened Wednesday inside the Capital One Arena in Washington, marking the first sportsbook to operate inside of a U.S. arena. The development shows the “breathtaking” change in the relationship between sports leagues and team ownership and sport betting companies over the past several years, said Tom
Snowflake banners decorate the New York Stock Exchange to market the debut of the software company’s shares in New York on Sept. 16, 2020. Source: Snowflake Snowflake shares fell as much as 8% in extended trading on Wednesday after the data-analytics software company barely met analysts’ expectations for product revenue,