Snowflake Faces Rising Competition From Hyperscalers, Databricks

Snowflake traded near flat as a bullish outlook on AI-driven demand faced growing competitive pressure amid valuation ...
Insider Monkey

Snowflake (SNOW) Gains Analyst Confidence Despite Rising Competition From Databricks

Snowflake Inc. (NYSE:SNOW) is one of the AI Stocks in Focus on Wall Street. On November 21, Oppenheimer maintained its “Outperform” rating on the stock with a $295.00 price target. The firm is ...
Techzine Europe

ClickHouse, the open-source challenger to Snowflake and Databricks

AI requires high performance to be used optimally. That advantage, on top of being open source, makes ClickHouse a unique ...
InfoWorld

Snowflake acquires Crunchy Data for enterprise-grade PostgreSQL to counter Databricks’ Neon buy

Analysts say that the chess match between Snowflake and Databricks isn’t about big data analytics anymore, but about becoming the 'AI-native data foundation unifying analytics, operational storage, ...
Bloomberg L.P.

Snowflake Gives Weak Profit Margin Outlook, Fueling AI Cost Fear

Snowflake Inc. gave an outlook for operating margin that fell short of analysts’ estimates, raising concerns among investors about the profitability of new AI-based tools. Adjusted operating income ...