Snowflake Inc. (NYSE: SNOW) will report fiscal second-quarter results on September 2, 2026, with shares up 47.15% year to date to $322.78, driven by expectations that AI agents will boost consumption-…
Palantir Technologies Inc. reported fourth-quarter revenue of $1.94 billion, up 92.83% year over year, with EPS of $0.41 beating the $0.28 consensus, while Snowflake Inc. posted product revenue of $1.…
Snowflake introduced dynamic model routing for its Cortex AI Gateway, which automatically directs workloads to the most cost-effective model based on cost, performance, and latency requirements. The c…
Token-maxing to support agentic AI is unsustainable, warned Boomi CEO Steve Lucas, who told ZDNET that his company's spending on Anthropic's Claude multiplied tenfold in one year. Business leaders mus…
Snowflake CEO Sridhar Ramaswamy reported that Zhipu AI's GLM-5.2 model nearly matches Anthropic's Claude Opus 4.7 in a benchmark of 103 coding tasks, while costing one-fifth as much per output token, …
Microsoft CEO Satya Nadella warned that a few AI winners could hollow out entire industries by capturing all economic value and corporate knowledge, comparing the dynamic to the negative effects of gl…
Hyatt CEO Mark Hoplamazian said Tuesday that AI-powered sales tools are saving the company's salespeople roughly one full day of work per week while increasing Hyatt's market share of group bookings. …
Snowflake announced CoCo, a model-agnostic coding agent, and Datastream, a fully managed Kafka-compatible streaming service, at Snowflake Summit 2026. CoCo Desktop is now generally available, scoring …
Snowflake CEO Sridhar Ramaswamy reported a blowout first quarter with 33% year-over-year revenue growth, the fastest pace in two years, sending shares up 36% and extending five-day gains past 50%. The…
Software stocks surged in late May, led by Snowflake and Okta, as investors rewarded companies with visible AI strategies, with the iShares software ETF rising 8% for the week and closing May up 21%—i…
Snowflake reported $1.39 billion in revenue for the first quarter of fiscal 2027, a 33% year-over-year increase, with product revenue reaching $1.33 billion. The company also announced a $6 billion mu…
Snowflake Inc. shares surged as much as 36% on Thursday, their biggest intraday gain since September 2020, after the software maker raised its annual product revenue outlook to $5.84 billion and signe…