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
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.
Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, major innovations that expand on Snowflake Cortex AI, Snowflake’s suite of enterprise-grade AI capabilities, empowering global organizations to modernize their data analytics for today’s AI landscape. Snowflake is unveiling SnowConvert AI, an agentic automation solution that accelerates migrations from legacy platforms to Snowflake. With SnowConvert AI, data professionals can modernize their data infrastructure faster, more cost-effectively, and with less manual effort. Once data lands in Snowflake, Cortex AISQL (now in public preview) then brings generative AI directly into customers’ queries, enabling teams to extract insights across multi-modal data and build flexible pipelines using SQL and AI — all while providing best‑in‑class performance and cost efficiency.
Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, new agentic products on Snowflake Marketplace that accelerate agentic AI adoption across the enterprise. Cortex Knowledge Extensions (generally available soon) on Snowflake Marketplace enables enterprises to enrich their AI apps and agents with proprietary unstructured data from third-party providers — all while allowing providers to protect their intellectual property and ensure proper attribution. This includes a selection of business articles and content from The Associated Press, which will help users further enhance the usefulness of results in their AI systems. Real-time news and content from USA TODAY and the USA TODAY Network is also available through Cortex Knowledge Extensions, alongside third-party content from publishers like CB Insights, Packt, and Stack Overflow.
Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, the next evolution of compute innovations that deliver faster performance, enhanced usability, and stronger price-performance value — raising the bar for modern data infrastructure. This includes Standard Warehouse – Generation 2 (Gen2) (now generally available), an enhanced version of Snowflake’s virtual Standard Warehouse with next-generation hardware and additional enhancements to deliver 2.1x1 faster analytics performance and 1.9x2 faster analytics performance than Managed Spark. In addition, Snowflake introduced Snowflake Adaptive Compute (now in private preview), a new compute service that lowers the burden of resource management by maximizing efficiency through automatic resource sizing and sharing. Warehouses created using Adaptive Compute, known as Adaptive Warehouses, accelerate performance for users without driving up costs, ultimately redefining data management in the era of AI.
Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, that it is revolutionizing data movement with Snowflake Openflow, a multi-modal data ingestion service that allows users to easily connect to virtually any data source and drive value from any data architecture. Snowflake Openflow underscores Snowflake’s commitment to data unification and interoperability, enabling thousands of global customers to integrate their entire enterprise data ecosystem with AI models, apps, and data agents directly in Snowflake through pre-built and extensible connectors. Eliminating fragmented data stacks and the hours of manual labor data teams spend on ingestion, Snowflake Openflow makes data movement effortless, unifying various types of data and formats, so customers can rapidly deploy AI-powered innovations. Snowflake Openflow’s Bring Your Own Cloud deployment model is now generally available on AWS.
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.
Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, its intent to acquire Crunchy Data, a leading provider of trusted open source Postgres technology and products. This acquisition will bring Snowflake Postgres, the AI-ready, enterprise-grade and developer-friendly PostgreSQL database to the AI Data Cloud, enabling developers with the full power of Postgres while providing the uncompromising governance, security and operational standards essential for building and running mission-critical AI applications.
Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, that Canva, the world’s leading visual communication platform, is leveraging Snowflake to enhance both the user experience for its global community and drive significant growth in its B2B segment as it expands its relevance and impact across the enterprise. By harnessing the power of Snowflake's platform, Canva is accelerating the delivery of new features, optimizing its marketing and sales operations, and personalizing the design journey as it continues to scale globally, reaching new audiences and entering new markets.
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.
In a sliding market, Snowflake has defied the odds, trading up to $206.89 per share. Its 18.4% gain since November 2024 has outpaced the S&P 500’s 1.9% drop. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
