Are Snowflake’s Earnings the Latest Sign of the Coming AI Winter?
Snowflake (NYSE:SNOW | SNOW Price Prediction) released its third-quarter earnings yesterday, posting results that topped Wall Street estimates. Product revenue climbed 28% year-over-year to $1.21 billion, while adjusted earnings hit $0.35 per share, beating the consensus estimate of $0.31. Yet, the stock plunged 11% in midday trading today as investors fixated on the company’s fourth-quarter … Continue reading Are Snowflake’s Earnings the Latest Sign of the Coming AI Winter?
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed