Snowflake CEO on new $200 million deal with OpenAI, and the great software stock sell-off

Software stocks have been hammered out of the gate this year. One big fear behind it is essentially carried over from 2025: that fast-moving AI will kill off software companies over time. Snowflake (SNOW) CEO Sridhar Ramaswamy said investors should distinguish between software and data players. "Data platforms are also a little bit different from pure software stocks, and I think the data layer will continue to rise in importance," Ramaswamy told me on Yahoo Finance (video above). The concern has piled ...