Snowflake CEO on new $200 million deal with OpenAI, and the great software stock sell-off [Yahoo! Finance Canada]
Snowflake Inc. (SNOW)
Last snowflake inc. earnings: 5/4 06:30 am
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Source: Yahoo! Finance Canada
One big fear behind it is essentially carried over from 2025: that fast-moving AI will kill off software companies over time. Snowflake ( SNOW ) CEO Sridhar Ramaswamy said investors should distinguish between software and data players. "Data platforms are also a little bit different from pure software stocks, and I think the data layer will continue to rise in importance," Ramaswamy told me on Yahoo Finance (video above). The concern has piled up on software in particular. The weight of the top 10 stocks in the S&P 500 ( ^GDSP ) has recently seen some "major deterioration" relative to the rest of the stock market, RBC Capital Markets strategist Lori Calvasina pointed out. Information technology is trading at its lowest valuation premium to the S&P 500 in the post-pandemic environment, according to Evercore ISI data. The price-to-earnings multiple for the "Magnificent Seven" is in line with its post-pandemic average, while the other 493 stocks in the S&P 500 are trading near
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News
- INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Snowflake Inc. - SNOWPR Newswire
- Snowflake (NYSE:SNOW) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Snowflake Inc. (SNOW) Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their LossesPR Newswire
- United Rentals Empowers Frontline Decision-Making with Business Intelligence Agent Built on SnowflakeBusiness Wire
- Snowflake Inc. (SNOW) Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their LossesBusiness Wire
SNOW
Earnings
- 12/3/25 - Beat
SNOW
Sec Filings
- 2/6/26 - Form 4
- 2/6/26 - Form 144
- 2/4/26 - Form 4
- SNOW's page on the SEC website