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Trade Tracker: Stephanie Link buys more Snowflake
SnowflakeSnowflake(US:SNOW) CNBC Televisionยท2025-09-05 17:02

Company Performance - Snowflake's stock has increased approximately 40% year-to-date [1] - The company's earnings grew 94% in the quarter [1][6] - Product revenue growth is at 32% [1][6] - Overall revenues grew 31% [6] - Operating margins rose 610 basis points [2] Strategic Developments - Snowflake has a new CEO with massive industry experience, replacing the retiring CFO [1] - The company launched approximately 200 new products in the past year [4] Market Position and Future Outlook - Snowflake is gaining momentum due to AI and data center trends [2] - The company is gaining more market share and is a unique pure play in its space [4] - Operating margins are expected to potentially reach 15% in the coming years [5] - Potential for acquisition exists due to its unique product [5]