Snowflake Inc. is a cloud-based data warehousing company that provides a platform allowing businesses to store and analyze large amounts of data. By leveraging the power of the cloud, Snowflake enables organizations to access, manage, and derive insights from their data in real-time, facilitating data collaboration across multiple departments. Its innovative architecture allows for seamless scaling, enhanced security, and a user-friendly interface, making it an attractive solution for enterprises looking to harness the power of their data for better decision-making and operational efficiencies. Snowflake supports diverse data workloads and integrates easily with various data tools and applications, positioning itself as a leader in the data analytics space. Read More
Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced the continued expansion and significant momentum of its AI Data Cloud for Manufacturing with a focused acceleration of automotive-specific solutions. Since April 2023, Snowflake has seen significant adoption of its platform within the manufacturing sector, including a substantial 416% increase in the development of Data Application and Data Collaboration initiatives, reflecting the growing use of Snowflake to build custom manufacturing solutions and securely share data. Additionally, Snowflake has seen a 185% increase in Analytics deployments as manufacturers leverage the platform for deeper business insights, and a 188% growth in Data Science solutions deployed for advanced predictive modeling and AI applications.
Palantir Technologies Inc. shares dropped 9.25% in after-hours trading Monday, despite the data analytics company raising its revenue forecast on strong demand for artificial intelligence products.
Palantir's stock dropped 9.25% after reporting better-than-expected earnings, with analysts divided on its future, as Dan Ives remains bullish while Brent Thill remains cautious about its high valuation.
While the broader market has struggled with the S&P 500 down 4.7% since November 2024, Snowflake has surged ahead as its stock price has climbed by 37.8% to $167.30 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced it will release its financial results for the first quarter of fiscal year 2026, which ended April 30, 2025, following the close of the U.S. markets on Wednesday, May 21, 2025. Snowflake will host a conference call to discuss the financial results.
A former Palantir Technologies Inc. (NASDAQ: PLTR) employee offers a brief primer on the enterprise AI company's products, pricing, and prospects over the next few years, particularly in defense and AI.
Shares of data warehouse-as-a-service Snowflake (NYSE:SNOW)
jumped 6.9% in the afternoon session after stocks extended their rebound, led by strong gains in the technology sector, as renewed optimism surrounding U.S.–China trade negotiations lifted investor sentiment.
A number of stocks jumped in the morning session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision-making at the central bank.
With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more importantly, gave investors a steadier compass to figure out where rates and the markets were headed next.
Snowflake has come a long way from being just a cloud data platform—it’s steadily evolving into something much bigger: the engine that powers enterprise AI.
Snowflake’s financial setup is doing what most software companies struggle to pull off—growing fast, staying efficient, and continuing to invest in the future without going off the rails.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Commvault Systems (NASDAQ:CVLT) and its peers.
Snowflake (NYSE: SNOW), the AI Data Cloud company, in collaboration with Enterprise Strategy Group, today released the “Radical ROI of Generative AI,” a global research report surveying 1,900 business and IT leaders across nine different countries — all of whom are actively using AI for one or more use cases. Of all respondents, 92% reported that their AI investments are already paying for themselves, and 98% plan to invest more on AI in 2025. As AI adoption accelerates across global enterprises, a robust data foundation has emerged as the cornerstone of successful implementation, yet respondents are still grappling with how to make their data AI-ready.
Snowflake is releasing product innovations at a blistering pace doubling last year's to over 400 capabilities to drive 126% net revenue retention rates.
Snowflake Inc (NYSE:SNOW) shares are trading lower, pulling back from a broad market surge on Wednesday that lifted stocks across the board. The company on Thursday announced that it received Department of Defense (DOD) Impact Level 5 (IL5) authorization.
Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced it has achieved Department of Defense (DOD) Impact Level 5 (IL5) Provisional Authorization (PA) on AWS GovCloud US-West. This authorization enables Snowflake to offer IL5 authorized solutions to organizations requiring the highest levels of protection for Controlled Unclassified Information (CUI) within the DOD and related agencies. It also allows the DOD to leverage advanced data analytics, collaborate securely, and generate AI-driven insights on Snowflake's platform to enhance mission-critical operations, accelerate digital transformation initiatives, and achieve cognitive advantage. This milestone comes as Snowflake expands its government-focused operations with the launch of Snowflake Public Sector, Inc., a dedicated U.S. Public Sector subsidiary, emphasizing its commitment to serving Federal, Defense, State and local government, and education entities.
