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  • Info
61. Databricks Disrupts Snowflake’s Moat, Erratic Earnings, To IPO or Not
May 31, 2024
Dell's earnings were disappointing, with their stock down 18% due to lower margins and the money going to NVIDIA. OpenAI's partnership with Apple raised concerns among other tech giants like Microsoft. There is speculation around a power shift at Meta, led by Sam Altman. Snowflake is at a crossroads in terms of its strategy with Apache Iceberg, as it could disrupt its current model. There are concerns about a slowdown in IT spending and a lack of growth in the AI market. UiPath and Mongo also had disappointing earnings. Zscaler had a strong quarter and reassu... Read more
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