NYSE:SNOWIT
Will Wall Street’s AI Optimism Change Snowflake’s (SNOW) Narrative?
Earlier this week, Bank of America upgraded Snowflake to 'Buy,' highlighting growing momentum in its core data warehousing business and adoption of its Cortex AI and Snowpark platforms.
An analyst survey noted that Snowflake customers expect to boost AI-related spending by 12% over the next year, pointing to heightened demand for the company's AI-driven capabilities.
We'll explore how heightened institutional optimism about Snowflake's AI platforms could reshape the company's investment...