Snowflake's Stock Dips, AI Partnership Boosts Outlook

Snowflakes shares plummeted by eight percent in premarket trading, following a forecast of slower product revenue growth for Q4. Despite this, thirteen brokerages raised their price targets, buoyed by positive signs of AI adoption. The company also secured a $200 million deal with Anthropic to integrate their AI models, expanding their capabilities.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.