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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks S / Snowflake Inc (SNOW)
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Author: abromber ⎊  😊 😞
Number: of 4 
Subject: Re: SNOW spending to capture AI clients?
Date: 02/09/24 5:03 PM
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No. of Recommendations: 2
Here is an update from IBD: ""We believe a comprehensive data strategy is a precursor to a gen AI strategy," according to RBC Capital analyst Matthew Hedberg. "As such, we believe Snowflake is well positioned given the large amount of customer data on their platform and new gen AI offerings that should help drive incremental workload utilization. That said, we expect the more material impact on results is likely to come in 2025 and beyond as the new products go into general availability."

investors.com - Snowflake snow stock buy now

abromber
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