Snowflake Inc. (NYSE: SNOW) shares were trending on Wednesday after multiple analysts raised their price targets in response to a wave of product updates announced at the company's annual Summit.
BofA Securities analyst's survey shows lower growth intentions for software spending in 2025 and 2026. Data Analytics, Security, and Public Cloud are top priorities.
The acquisition will bring AI-ready “Snowflake Postgres” to the AI Data Cloud, providing the “uncompromising governance, security and operational standards essential for building and running mission-critical AI applications.”
Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence.
With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players.
Jony Ive learned from Steve Jobs that the hardest part of creativity is having the nerve to drop most ideas. This lesson has been adopted by other CEOs, including Salesforce's Marc Benioff.
Data warehouse-as-a-service Snowflake (NYSE:SNOW) fell short of the market’s revenue expectations in Q1 CY2025, but sales rose 25.7% year on year to $1.04 billion. Its non-GAAP EPS of $0.24 per share was 13.1% above analysts’ consensus estimates.
