Snowflake is facing budget competition from GenAI, leading to a ~40% stock decline, prompting a $2.5B share buyback and $2.3B convertible senior notes issuance. The zero-coupon convertible bonds, ...

LAS VEGAS--(BUSINESS WIRE)--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced a major milestone in its strategic collaboration with Amazon Web Services (AWS), doubling its transaction ...

Snowflake is getting a lot of money from investors who are betting on modest upside for the stock. Management doesn't seem to need the money and it doesn't even have concrete plans for it, which ...

Frank Slootman resigned as Snowflake CEO, and shares are down over 20% on the news. Snowflake's new CEO comes from artificial intelligence (AI) start-up Neeva, which it acquired last year. Slootman is ...

At the close of its fiscal second quarter of 2025 (ended July 31), data company Snowflake (NYSE: SNOW) had more than $3.2 billion in cash, cash equivalents, and short-term investments. That's a huge ...