Snowflake is facing budget competition from GenAI, leading to a ~40% stock decline, prompting a $2.5B share buyback and $2.3B convertible senior notes issuance. The zero-coupon convertible bonds, ...
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Snowflake's CEO says people often fall into 2 camps when it comes to AI — and both are wrong
Snowflake CEO Sridhar Ramaswamy says that people either overhype the impact of AI, or assume doomsday scenarios.
At the close of its fiscal second quarter of 2025 (ended July 31), data company Snowflake (NYSE: SNOW) had more than $3.2 billion in cash, cash equivalents, and short-term investments. That's a huge ...
LAS VEGAS--(BUSINESS WIRE)--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced a major milestone in its strategic collaboration with Amazon Web Services (AWS), doubling its transaction ...
Snowflake Inc. is double upgraded to Buy as valuation moderates & growth drivers strengthen despite recent volatility. Read ...
Frank Slootman resigned as Snowflake CEO, and shares are down over 20% on the news. Snowflake's new CEO comes from artificial intelligence (AI) start-up Neeva, which it acquired last year. Slootman is ...
Advance Auto Parts disclosed that data belonging to 2.3 million customers was exposed in an April attack targeting its Snowflake deployment. More details have emerged on what appears to have been ...
Snowflake is getting a lot of money from investors who are betting on modest upside for the stock. Management doesn't seem to need the money and it doesn't even have concrete plans for it, which ...
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