Part of Snowflake's downfall is related to CEO Frank Slootman's retirement: Jefferies' Brent Thill

Brent Thill, Jefferies tech analyst, joins 'Squawk on the Street' to discuss Snowflake's quarterly earnings results, what to make of the company's weak forecast and CEO change, Salesforce's earnings results, impact of AI, and more.

[@stinner44]

Time to add big to the position in SNOW.

[@watzurname3]

❤

[@dennishubert1595]

I am 45 years old with very little set aside for retirement at this point. I have always been curious about the stock market and have witnessed some people who played the game right and retired early because they used the stock market. When I ask them, most said that they invested very little to start with, but their portfolio grew. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make decent returns.

[@annamink6329]

that requires a fair amount of research and good market timing.

[@bellajobb655]

proper research, good analysis and luck is what you need to make profit in this constant market decline.

[@clarabekkings5505]

it's all about finding the right moment to take advantage of and generate colossal profit, which is why you need to do your research

[@johnsonstrapsman8]

Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.

[@CoraKennedy316]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@dynamitetortilla7519]

They beat expectations and have a 20% growth expectations

[@cd7707a]

Did Frank Slootman got fired by the board? As a shareholder I like to know.

[@loganlasvegas]

No, Frank is retiring and still Chairman. Ramaswamy is more tech savvy, a founder of an AI company Snowflake bought, and their SVP of AI. I think this is a great move for the company and sets them up for the new AI economy.

[@bigbanknewyork3655]

They paid $150 mil for Shridar's Neeva now it all makes sense.

[@thegraciefighter102]

Probably due to the SEC investigation

[@trroxin]

Will they go up? Because this lawsuit seems to be affecting them

[@far1762]

Alceva? 😮

[@far1762]

Grafyku bun😮

[@erandeser5830]

Illogicism. If the outlook is gloom, changing the ceo sounds sound.

[@rickhayes-oh2zm]

casino.

[@rickhayes-oh2zm]

what are you talking about it is down 50 bucks. You don't care about investors on here. Crooks. Got no conscious.

[@crispyduck1706]

They press the buy button buddy - if you aren’t any good look in the mirror