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Then investors got something to cheer about in its results and the stock skyrocketed higher. Let's take a closer look at the cloud-based data warehousing company's Q3 earnings results to see if ...
Shares of data company Snowflake (NYSE: SNOW) soared 52.2% during November, according to data provided by S&P Global Market Intelligence.The stock was already up about 15% in the first half of the ...
Its data cloud product provides its customers with the infrastructure to help manage data collection, storage, and processing. In Q3 FY 2025, product revenue rose 29% year over year to $900 million.
The market responded favorably to the report as evidenced by a big jump in Snowflake's stock price. Today, the price is rising yet again, with Snowflake stock up 4% as of 10 a.m. ET. But it had ...
In October 2014, Snowflake came out of stealth mode; at that time it was used by 80 organizations. [3] [4] Snowflake has run on Amazon Web Services since 2014, [5] [6] on Microsoft Azure since 2018, [7] and on the Google Cloud Platform since 2019. [8] [9] In June 2015, Snowflake launched its first product, its cloud data warehouse. [10]
The stock rallied recently on news that the company beat expectations for revenue ($942 million versus $897 million) and adjusted earnings per share ($0.20 versus $0.15) in the third quarter ...
As of 12:40 p.m. ET, Snowflake stock was up 34%. Snowflake's adoption is growing I believe that investors are looking at Snowflake's business trends more than its headline numbers today.
Shares of Snowflake (NYSE: SNOW) have been in the doghouse for the majority of 2024 as concerns regarding the data cloud platform provider's slowing growth and expensive valuation have weighed on ...