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SNOW - Snowflake's Analyst Day Summit reveals new AI products few financial targets
Intrawest Resorts Holdings Inc.
2024-06-05 10:20:41 ET
"While the product announcements were not groundbreaking, they highlight Snowflake's accelerated innovation, and dedicated focus towards AI workloads/apps," said Oppenheimer analyst Ittai Kidron and others in a note. "It also gives us confidence that customers will be incentivized to build apps on Snowflake, driving a long tail of growth. Margins should also expand again in FY26/27 as AI-related OpEx investments begin to bear fruit."...