Dan Ives said Snowflake's second-quarter earnings are under review while highlighting pressure on Salesforce to monetize 15% to 20% of its customer base over the next two to four quarters. The commentary points to cautious expectations around execution and monetization rather than a clear positive catalyst. Market impact should be limited, though the remarks may weigh modestly on sentiment for the software sector.
Dan Ives said Snowflake's second-quarter earnings are under review while highlighting pressure on Salesforce to monetize 15% to 20% of its customer base over the next two to four quarters. The commentary points to cautious expectations around execution and monetization rather than a clear positive catalyst. Market impact should be limited, though the remarks may weigh modestly on sentiment for the software sector.
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mildly negative
Sentiment Score
-0.20
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