Snowflake Inc Stock Price, News & Analysis

Snowflake (NYSE: SNOW) has announced the launch of its AI Data Cloud on AWS Africa (Cape Town) Region, marking a significant expansion in South Africa. This deployment enables local organizations to comply with data residency regulations while leveraging AI-powered data insights.

The expansion aligns with South Africa's Protection of Personal Information Act (POPIA) and National Policy on Data and Cloud requirements. Early adopters like Carry1st have reported significant benefits, including 45% reduction in infrastructure costs and 300% improvement in data refresh rates.

As part of its investment in the region, Snowflake is partnering with system integrators to support the One Million Minds initiative, focusing on AI skills development. The company will host a launch event on September 3 at The Old Biscuit Mill, Cape Town.

Snowflake (NYSE: SNOW) reported strong Q2 FY2026 financial results with product revenue reaching $1.09 billion, up 32% year-over-year. The company maintained a robust net revenue retention rate of 125% and grew its high-value customer base to 654 customers with trailing 12-month product revenue exceeding $1 million.

The company's remaining performance obligations increased to $6.9 billion, representing 33% year-over-year growth. Snowflake now serves 751 Forbes Global 2000 customers. For Q3 FY2026, Snowflake projects product revenue between $1,125-$1,130 million, representing 25-26% growth, and expects full-year FY2026 product revenue of $4,395 million, up 27% year-over-year.

Snowflake (NYSE: SNOW), the AI Data Cloud company, has announced that CEO Sridhar Ramaswamy will present at the upcoming Goldman Sachs Communacopia + Technology Conference. The presentation is scheduled for September 8th at 3:45 PM PT.

Investors can access the presentation through a live webcast on Snowflake's investor relations website. The recording will remain available for 30 days following the event.

Snowflake (NYSE: SNOW), the AI Data Cloud company, has scheduled the release of its Q2 fiscal 2026 financial results for Wednesday, August 27, 2025, after U.S. markets close.

The company will host a conference call at 3 p.m. Mountain Time on the same day to discuss the results. Investors can join via phone at (833) 470-1428 (Access code: 013538) or through a live webcast on Snowflake's Investor Relations website. An audio replay will be available for 30 days following the call.

Hightouch, a data and AI agent platform for marketers, has secured a strategic investment from Snowflake (NYSE: SNOW) and Capital One Ventures, extending its Series C round. The company's flagship product, AI Decisioning, launched in 2024, enables automated lifecycle marketing through AI agents that optimize messaging, timing, and channel decisions.

The platform has gained significant traction with enterprise clients like PetSmart and WHOOP, demonstrating success in improving campaign velocity and engagement. Built on Snowflake's data platform and leveraging capabilities like Cortex AI, Hightouch's Composable CDP represents a shift toward warehouse-native architectures and AI-driven marketing technology.

Bloomreach and Snowflake (NYSE:SNOW) have announced a strategic partnership to enhance marketing personalization capabilities. The integration connects Snowflake's AI Data Cloud with Bloomreach's AI-powered marketing solutions, enabling businesses to activate their customer data more effectively.

The partnership features a native integration that allows companies to securely sync customer attributes, event data, and product catalogs from Snowflake into Bloomreach. Key capabilities include powering Loomi AI agents with enriched customer intelligence, automating campaign triggers, and delivering real-time personalization while maintaining data security through selective import capabilities.

Snowflake (NYSE: SNOW) has appointed Chris Niederman as Senior Vice President of Alliances & Channels, effective July 21, 2025. Niederman brings over 30 years of experience in partner strategy and will lead Snowflake's global channel and partner ecosystem.

Niederman joins from Amazon Web Services (AWS), where he served as Managing Director of Industries and Solutions, notably scaling the Global Systems Integrators business to a $10 billion annual run rate. He will oversee Snowflake's partner network of 12,000+ global partners, which serves over 11,000 customers worldwide.

The appointment aims to accelerate Snowflake's ecosystem growth, focusing on AI Data Cloud adoption, secure data collaboration, and monetization through strategic partnerships.

Snowflake and Acxiom announced a strategic partnership to revolutionize AI-powered marketing through enhanced data infrastructure. The collaboration will enable IPG to integrate its proprietary data and tools directly into clients' Snowflake environments across 100+ countries. Key features include privacy-first data access through Interact platform, AI-powered marketing transformation using Snowflake Cortex, and full ecosystem transparency. The partnership introduces a joint solutions hub for innovation and is already showing results, with IPG Mediabrands optimizing ad spend for a global toy manufacturer and KINESSO providing channel insights for a commerce company. The initiative focuses on secure data collaboration, privacy-enhanced solutions, and real-time marketing capabilities while eliminating data silos and the need to transfer sensitive information.

Qlik has been awarded Snowflake's 2025 Data Integration Data Cloud Product Partner of the Year at Snowflake Summit 2025. The recognition highlights Qlik's achievements in enabling customers to build trusted, AI-ready data pipelines on Snowflake's platform. Key innovations include native support for Snowflake-managed Iceberg tables and the Qlik Open Lakehouse architecture, which help enterprises scale data ingestion, optimize costs, and maximize value from SAP and enterprise data sources. United Federal Credit Union reported significant improvements in data management and operationalization through the Qlik-Snowflake integration, enabling near real-time ingestion and streamlined engineering pipelines for faster AI initiatives.