Snowflake Had Seminal Quarter for Software, Dan Ives Says
Dan Ives, global head of tech research and senior equity analyst at Wedbush Securities, examines second-quarter earnings from Snowflake and the pressure he sees on Salesforce to monetize 15% to 20% of their customer base over the next “two, three, four quarters.” (Source: Bloomberg)
Snowflake Soars on $6B Amazon Deal
- Snowflake’s stock is on fire as AI acceleration drives record product-revenue growth MarketWatch —
- In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips Techcrunch —
- Snowflake soars 30% on earnings beat and plan to spend $6 billion on Amazon cloud CNBC —
- Snowflake commits $6B to Amazon Web Services over 5 years in latest AI infrastructure deal GeekWire —
- Snowflake skyrockets after Q1 report features Natoma acquisition and AWS deal Seeking Alpha —