The cloud-storage company joins Apple and Meta as one of AWS’s largest customers for CPU-based computing. Snowflake shares soared 35% after the closing bell.

Snowflake’s latest financial results were catalyzed by one of its newest AI product offerings. Plus, the sluggish mortgage refinancing environment is impacting publicly traded companies.

Snowflake gained strong market attention after upbeat earnings, stronger revenue growth, and rising enterprise AI demand boosted analyst sentiment.

The word “snowflake” in common parlance among the younger generation has a negative connotation, often associated with people who take offense easily and are deemed to be fragile. For the cloud-based ...

Snowflake is experiencing blistering demand for its growing portfolio of AI products, which sparked a surge in the company's ...

Snowflake's latest earnings update lifted revenue expectations and analyst targets, highlighting strong cloud data demand ...

Snowflake Computing, the data warehouse built for the cloud, announced its newest and most transformative innovation, extending the modern data warehouse to the world’s first data sharehouse.