Snowflake Inc SNOW

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Snowflake Inc. is a data cloud and artificial intelligence company. Its platform is the technology that powers the AI Data Cloud, enabling customers to consolidate data into a single source of truth to drive meaningful insights, apply artificial intelligence (AI) to solve business problems, build data applications, and share data and data products. It provides its platform through a customer-centric, and consumption-based business model. Its cloud-native architecture consists of three independently scalable but logically integrated layers across compute, storage, and cloud services. The compute layer provides dedicated resources to enable users to simultaneously access common data sets for many use cases with minimal latency. The storage layer ingests massive amounts and varieties of structured, semi-structured, and unstructured data to create a unified data record. Its ClearQuery platform allows users to rapidly search, explore, and analyze their data using natural language queries.

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Snowflake Inc

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Post by OldBayTradeon Aug 15, 2022 1:44pm

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Snowflake has melted down

SNOW stock has slumped from a peak of $400 last winter to $119.38 per share as of June 17. However, the leading all-purpose data cloud company remains a tantalizing growth story despite the avalanche in its stock price.

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