News

Peer through a magnifying glass at a snowflake, and you'll see an ice creation more elaborate than anything Martha Stewart could cut from folded paper. So what's behind the snowflake's unique and ...
“We’re seeing 2.1x faster performance with analytical workloads.” Snowflake also unveiled Cortex AISQL, the latest addition to its Cortex AI suite of offerings.
Snowflake shares are down about 40% over a 12-month span. Photo: NYSE This update corrects the FactSet consensus for Snowflake’s fiscal first-quarter and fiscal 2024 product revenue.
Morgan Stanley on Tuesday initiated coverage on Snowflake (NYSE:SNOW) at 'Overweight', arguing that under new CEO Sridhar Ramaswamy, the cloud analytics firm has become a better executing and ...
The rumors of an acquisition turned out to be true. Snowflake announced on Wednesday that it has agreed to acquire Neeva, a search startup founded by former Google executives, for an undisclosed ...
Product revenue was $943.3 million, up 28% and above estimates. Snowflake projected current-quarter product revenue of between $955 million and $960 million, translating to a 21%-22% gain.
Snowflake is also expanding its customer base, with the total customer count rising from 7,292 in Q3 FY’23 to 7,828 in Q4. However, the company’s guidance for FY’24 was weaker than expected.
What does Myst bring to the Snowflake? Myst offers an AI platform that provides data science teams with a workflow to build, deploy and maintain highly accurate forecasting models on time series ...
Snowflake Inc. is well positioned to beat expectations on product revenue for the latest quarter, according to some Wall Street analysts, but all eyes will be on the company’s outlook.