Snowflake growth for instructions, Ionq shares: trend kicker

00:00 Speaker A

Now time for some of today's trend kickers, the shares of Snowflake and Quantum Computing Company Ionq will check in. First shares Snowflake. You hover today. After exceeding the winning expectations in the first quarter and increasing his full year instruction. Such strong prospects for the quarterly sales. They increased the total annual forecast for product sales to around 4.33 billion. I have to tell you, Maddie, a number of notes in my inbox of intelligent analysts who have been doing this for a long time. I got the Evercore Kirk mother who surpasses it and said we believe that the bump on sales with the overall year, despite the macro background, illustrates that the trust of management in the durability of short-term demand. Matthew Hedberg from RBC, another intelligent guy, also a fan of this name, says that his top pick of the cap remains on 236. Brent Teller, says Jeffrey, we believe that the share in the AI ​​narrative in 26 can continue to grind higher in the AI ​​narrative.

01:28 Speaker B

Yes, and until this point in time, Ken emphasize that all hiking concerns have been lowered here. I also think that it is really critical to note the company, which will come to the stock exchange in 2020, that more than a billion sales are reported for the first time in the quarter. This seems to be an important sticking point today, part of what drives these shares higher. And they mentioned many grades that come here in their inbox, but today we also had a number of course goals. As you already mentioned, we had amber, Cantor, also TD Cowen this morning. Uh, and another thing I noticed before, it is that they talked about how they used AI services in their cloud database platform. Uh, and if a company, as you know, can you add a little sweetener that always makes customers happy. If the company said in the profit published on Wednesday that AI add-on enables them to reach another 11,000 customers in the course of the quarter.

02:53 Speaker B

Today we talk about the Quantum Computing Company Ionq, which is increasing today, after the company's CEO has announced that it becomes the Nvidia of Quantum Computing, quote or in the shop of Quantum, just like Nvidia and Broadcom in the classic GPUS. According to the CEO, this is in a conversation with barons that the shares have increased by almost 38% to the back of this comment. And I think it's a very interesting story here that a CEO can only mention Nvidia and can then have such a huge share price. I think part of what the band drives a little here is the action that we have seen more generally during the week during the quantity. Obviously, Dwave also has a huge week. Ionq brings itself to a flying trade that has already achieved some traction here.

04:05 Speaker A

Yes, and this was one of the first quantum games, you know, pure games to go to the stock exchange. Um, CEO Nicola Demassi that there will be other people who copy and follow us. You always copied and followed us. Strong confident tone there. It was a name that we know that it was in the crosshairs of empty sellers. CEO also replied and said Barons that there is a short report every few years, he said. They were all unfounded and nonsense, and we didn't even bother to defend ourselves because they are all wrong.

05:05 Speaker B

We are Nvidia. Don't look at the empty sellers. We are Nvidia.

05:12 Speaker A

It was good enough today.