Reported about 16 hours ago
Snowflake reported better-than-expected first-quarter earnings, raising its full-year revenue outlook. The rise of AI agents is driving the demand for data housed in Snowflake, which is crucial for their functionality. As companies seek to leverage AI, Snowflake remains competitive against rivals like Databricks, with both companies leading in their respective areas of data warehousing and AI/data science.
Source: YAHOO