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) today announced a three-year partnership as the Official Data Collaboration Provider for the LA28 Olympic and Paralympic Games and Team USA. Snowflake joins a roster of exceptional technology partners bringing best-in-class innovation to the LA28 Olympic and Paralympic Games.
Slootman runs his companies with Steve Jobs' binary motto: a product is either 'insanely great' or 'total sh*t.' This forces teams to strive for greatness, echoing Jobs' views. Others, like Reed Hastings and Elon Musk, also use extreme language to drive excellence.
Expensive stocks often command premium valuations because the market thinks their business models are exceptional.
However, the downside is that high expectations are already baked into their prices, leaving little room for error if they stumble even slightly.
Shares of data warehouse-as-a-service Snowflake (NYSE:SNOW) jumped 11.7% in the afternoon session after the company reported impressive first quarter 2025 (fisal 2026) results, which beat analysts' sales expectations.
Snowflake's Q1 report and guidance update affirm an outlook for sustained 20% long-term growth, and the analysts are responding favorably to share prices.
Snowflake Inc (NYSE:SNOW) shares are trading higher Thursday after the AI data cloud company reported strong results for the first quarter. Multiple analysts raised price targets following the report. Here's a look at what's going on.