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Snowflake Inc - SNOW STOCK NEWS

Welcome to our dedicated news page for Snowflake (Ticker: SNOW), a resource for investors and traders seeking the latest updates and insights on Snowflake.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Snowflake's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Snowflake's position in the market.

Rhea-AI Summary
Snowflake (SNOW) announces the general availability of Snowflake Data Clean Rooms in AWS East, AWS West, and Azure West, revolutionizing secure data sharing and collaboration. The acquisition of Samooha enhances data clean room capabilities, allowing enterprises of all sizes to achieve high-value business outcomes in the Data Cloud.
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Snowflake collaborates with NVIDIA to enhance AI productivity in the Data Cloud, offering secure and scalable AI platforms for enterprise customers across various industries.
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0.89%
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AI
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Rhea-AI Summary
Snowflake (SNOW) partners with Mistral AI to bring powerful language models to enterprises through Snowflake Cortex, offering advanced AI capabilities with security and governance over data.
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-5.72%
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partnership AI
Rhea-AI Summary
Snowflake (NYSE: SNOW) reports strong financial results for Q4 and full-year FY24 with significant revenue growth, customer expansion, and positive business metrics. The company achieved $738.1 million in product revenue in Q4, a 33% YoY growth, and $2.67 billion in total product revenue for FY24. Snowflake's net revenue retention rate stands at 131%, with 461 customers generating over $1 million in revenue. The company has 691 Forbes Global 2000 customers and $5.2 billion in remaining performance obligations, showing a 41% YoY growth.
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-18.14%
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earnings
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Snowflake appoints Sridhar Ramaswamy as new CEO, succeeding Frank Slootman, with a focus on AI and machine learning growth.
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-18.14%
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Snowflake (SNOW) announces CFO and SVP of AI's participation in upcoming investor conferences. Mike Scarpelli will present at the JMP Securities Technology Conference on March 4th, and both Scarpelli and Sridhar Ramaswamy will present at the Morgan Stanley TMT Conference on March 5th. Event webcasts will be available on the Snowflake website.
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3.47%
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conferences
Rhea-AI Summary
Snowflake (NYSE: SNOW) announced the release of its financial results for the fourth quarter and full year of fiscal year 2024, ending on January 31, 2024. The company will host a conference call to discuss the financial results on February 28, 2024, at 3 p.m. Mountain Time. Investors and participants can attend the call by dialing (833) 470-1428 (Access code: 766155) or +1 (929) 526-1599 (Access code: 766155) for international participants. The call will be webcast live on the Snowflake Investor Relations website, with an audio replay available for 30 days after the completion of the call.
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3.47%
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earnings
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Snowflake (SNOW) has appointed Brad Burns as Chief Communications Officer. Burns brings two decades of experience from highly successful enterprises, including Salesforce and AT&T, and will play a crucial role in elevating Snowflake communications as the company scales the Data Cloud to $10 billion and beyond.
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-0.86%
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management
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Snowflake (NYSE: SNOW) receives FedRAMP High Authorization on AWS GovCloud, solidifying its status as a trusted data platform used by the US government to securely guard critical data.
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1.22%
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Snowflake (NYSE: SNOW) has been recognized as the number one company on the 2023 Fortune Future 50 list. The company's Data Cloud platform has been instrumental in transforming the data industry, enabling organizations to connect to critical data and applications. Snowflake's focus on generative AI and its potential to reshape industries has been acknowledged by Fortune. The company's market potential and capacity to deliver against that potential have been key factors in securing the top spot on the list.
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-1.14%
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Snowflake Inc

NYSE:SNOW

SNOW Rankings

SNOW Stock Data

52.62B
299.86M
6.7%
65.55%
2.86%
Software Publishers
Information
Link
US
San Mateo

About SNOW

snowflake computing was started in 2012 with an ambitious goal: to reinvent the data warehouse. we saw the need to create a completely new data warehouse that could bring together all users, all data and all workloads in a single cloud service. to achieve that, we have assembled a team of experts in data processing who hold over 120 patents in the fields of database architecture, data warehouses, query optimization and parallelization. we are backed by leading venture capital investors including redpoint ventures, sutter hill ventures and wing ventures. we are headquartered in silicon valley and are growing our team in the san francisco bay area. we're a highly collaborative group always on the lookout for great talent. some examples of the expertise that we’re looking for include: distributed systems engineering database engineering user interface user experience quality assurance technical support technical writing this is not an exhaustive list, and we're always intere