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Coalesce Recognized as Leader in Snowflake's Modern Marketing Data Stack Report
GlobeNewswire News Room· 2024-10-22 17:00
SAN FRANCISCO, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Coalesce, the data transformation company, today announced that it has been recognized as an Integration and Modeling leader in the Modern Marketing Data Stack 2025: How Leading Marketers Are Thriving In a World Redefined By AI, Privacy and Data Gravity executed and launched by Snowflake, the AI Data Cloud company. The third annual edition of Snowflake’s Modern Marketing Data Stack report identifies the technologies, tools, and platforms used by Snowflake cus ...
DREMIO ACHIEVES ELITE TIER PARTNER STATUS WITH SNOWFLAKE
GlobeNewswire News Room· 2024-10-21 13:42
Toronto, ON, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Dremio, the Unified Lakehouse Platform for Self-service Analytics and AI, from the Snowflake World Tour in Toronto, announced that it has achieved Elite Tier partner status from Snowflake, the AI Data Cloud company. This designation recognizes that Dremio adheres to Snowflake's performance, reliability, and security standards. It also recognizes Dremio for accelerating the digital transformation efforts of customers who seek to fully leverage the performance, f ...
An Unconventional Case For Being Bullish On Snowflake
Seeking Alpha· 2024-10-20 16:51
After 43+ years working for one investment research company or another, I finally retired. So now, I’m completely independent. And for the first time on Seeking Alpha, I won’t be working based on anybody else’s product agenda. I have only one goal now… to give you the best actionable investment insights I can.I have long specialized in rules/factor-based equity investing strategies. But I’m different from others who share such backgrounds. I don’t serve the numbers. Instead, the numbers serve me… to inspire ...
Snowflake Just Got $2 Billion. Is It Good for Shareholders?
The Motley Fool· 2024-10-17 08:20
If the company already had plenty of money, why did it need more?At the close of its fiscal second quarter of 2025 (ended July 31), data company Snowflake (SNOW -3.13%) had more than $3.2 billion in cash, cash equivalents, and short-term investments. That's a huge cash position. But management apparently wanted an even bigger bank account.Last month, Snowflake's management announced a deal to raise between $2 billion and $2.3 billion. And at first glance, the move looks like a no-brainer. The company is get ...
Is Snowflake (SNOW) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-10-15 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Snowflake Inc. (SNOW) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Snowflake currently has an ...
Snowflake Rises 10% in a Month: Buy, Sell, or Hold the SNOW Stock?
ZACKS· 2024-10-14 16:00
Snowflake (SNOW) shares have appreciated 9.9% in the past month, outperforming the Zacks Computer & Technology sector's return of 4.8% and the Zacks Internet Software industry's return of 8.9%. Snowflake's prospects are robust, driven by a strong portfolio and an expanding partner base. It has introduced capabilities, including Marketplace Listing Auto-Fulfillment & Monetization, account replication & failover, Query Acceleration Service, geospatial analytics, and Snowpipe Streaming. Iceberg tables, Hybrid ...
Snowflake Inc. (SNOW) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2024-10-11 22:51
The latest trading session saw Snowflake Inc. (SNOW) ending at $124.03, denoting a +0.19% adjustment from its last day's close. The stock lagged the S&P 500's daily gain of 0.61%. Meanwhile, the Dow experienced a rise of 0.97%, and the technology-dominated Nasdaq saw an increase of 0.33%.Prior to today's trading, shares of the company had gained 9.56% over the past month. This has outpaced the Computer and Technology sector's gain of 8.6% and the S&P 500's gain of 5.36% in that time.Analysts and investors a ...
Here is What to Know Beyond Why Snowflake Inc. (SNOW) is a Trending Stock
ZACKS· 2024-10-11 14:05
Snowflake Inc. (SNOW) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned +9.6% over the past month versus the Zacks S&P 500 composite's +5.4% change. The Zacks Internet - Software industry, to which Snowflake belongs, has gained 12.7% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases ...
Warren Buffet fully exited a stock that Wall Street predicts a 50% upside
Finbold· 2024-10-09 11:36
During the second quarter, Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) announced an update to its portfolio, with its transaction involving data cloud company Snowflake (NYSE: SNOW) standing out.Notably, Buffett fully exited his position in the stock, offloading almost $1 billion in the company. According to filings, Berkshire Hathaway did not provide a reason for the sale. Still, it aligns with the company’s recent selling spree involving high-profile companies such as technology giant Apple (NASDAQ: ...
Snowflake: Now, It's Finally Time To Buy This Stock Aggressively (Rating Upgrade)
Seeking Alpha· 2024-10-09 08:37
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