Shares of data warehouse-as-a-service Snowflake (NYSE:SNOW) fell 24.9% in the morning session after the company reported fourth-quarter results and provided product guidance for Q1, which missed analysts' estimates. In addition, net revenue retention continued to decline. Snowflake attributed some of the challenges to significant holiday impacts in December and January, a recurring challenge for predicting consumption patterns. Consequently, understanding consumption trends proved difficult, wit
(Reuters) - Snowflake shares slid 23% on Thursday after the cloud data storage services provider projected annual revenue below Wall Street estimates and disclosed a surprise retirement of long-time CEO Frank Slootman. The company, valued at $75.7 .
Snowflake Puts Industry-Leading Large Language and AI Models in the Hands of All Users with Snowflake Cortex streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Snowflake eliminates silos and data movement by advancing its support for Iceberg Tables, enabling users to bring all of their data together in the Data Cloud
Snowflake furthers its leading.