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Imagine you’re staring at a database containing thousands of merchants across multiple countries
Identify the top candidates to partner with in a new business proposal
Manually browsing each site is impossible at scale
so you need an automated way to gauge “how good” each merchant’s online presence is
Enter the website quality score: a numeric feature (0-10) that captures key aspects of a site’s professionalism
By integrating this score into your machine learning pipeline
you gain a powerful signal that helps your model distinguish the highest-quality merchants and dramatically improve selection accuracy
Here’s your folder structure once you clone the repository https://github.com/lucasbraga461/feat-eng-websites/ :
Your dataset should be ideally in Snowflake
here’s to give an idea on how you should prepare it
refer to src/process_data/s1_gather_initial_table.sql
Here’s what this initial table should look like:
let’s say you have your data in Snowflake:
p1_fetch_html_from_websites.py using Snowflake dataset
That will open a window on your browser asking you to authenticate to Snowflake
it’ll pull the data from the designated table and proceed with fetching the website content
If you choose to pull this data from a CSV file then don’t use the flag at the end and call it this way:
p1_fetch_html_from_websites.py using CSV dataset
Here’s why this script is powerful at fetching website content comparing to a more basic approach
Advantages of this Fetch HTML script comparing with a basic implementation
ARG and JAM this is how your data folder will look like
Refer to Figure 2 to visualize what the output of the first script generates
visualize the table website_scraped_data_BRA
Note that one of the columns is html_content
which is a very large field since it takes the whole HTML content of the website
Because each page’s HTML can be massive, and you’ll have hundreds or thousands of pages, you can’t efficiently process or store all that raw text in flat files. Instead, we hand off to Spark via Snowpark (Snowflake’s Pyspark engine) for scalable feature extraction
See notebooks/ps_website_quality_score.ipynb for a ready-to-run example: just select the Python kernel in Snowflake and import the built-in Snowpark libraries to spin up your Spark session (see Code Block 6)
Each market speaks its own language and follows different conventions
so we bundle all those rules into a simple country-specific config
For each country we define the contact/about keywords and price‐pattern regexes that signal a “good” merchant site
then point the script at the corresponding Snowflake input and output tables
This makes the feature extractor fully data-driven
reusing the same code for every region with just a change of config
Before we can register and use our Python scraper logic inside Snowflake
This creates a named location @STAGE_WEBSITES under your DATABASE.SCHEMA
where we’ll upload the UDF package (including dependencies like BeautifulSoup and lxml)
making it available to any Snowflake session for HTML parsing and feature extraction
we set the country_code variable to kick off the pipeline for a specific country
before looping through other country codes as needed
Create a stage folder to keep the UDFs created
we’ll define the UDF function ‘extract_features_udf’ that will extract information from the HTML content
here’s what this part of the code does:
And the final part of the pyspark notebook Process and generate output table does four main things:First it applies the UDF extract_features_udf on the raw HTML
producing a single features column that holds a small dict of counts/flags for each page
it turns each key in the features dict into its own column in the DataFrame (so you get separate word_count
it builds a 0-10 score by assigning points for each feature (e.g
And finally it writes the final table back into Snowflake (replacing any existing table) so you can query or join these quality scores later
the website quality score becomes a straightforward input to virtually any predictive model
whether you’re training a logistic regression
it quantifies a merchant’s online maturity and reliability
complementing other data like sales volume or customer reviews
By combining this web-derived signal with your existing metrics
and recommend partners far more effectively
and ultimately drive better business outcomes
The screenshots and figures in this article (e.g
of Snowflake query results) have been created by the author
None of the numbers are drawn from real business data but were manually generated for illustrative purposes
all SQL scripts are handcrafted examples; they are not extracted from any live environment but are designed to closely resemble what a company using Snowflake might encounter
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Altimeter Capital Management LP lessened its position in shares of Snowflake Inc. (NYSE:SNOW - Free Report) by 42.4% in the 4th quarter
according to the company in its most recent 13F filing with the Securities & Exchange Commission
The institutional investor owned 4,978,310 shares of the company's stock after selling 3,669,649 shares during the quarter
Snowflake comprises 13.9% of Altimeter Capital Management LP's holdings
Altimeter Capital Management LP owned 1.51% of Snowflake worth $768,701,000 at the end of the most recent reporting period
Other hedge funds and other institutional investors also recently bought and sold shares of the company
Stonebridge Financial Group LLC acquired a new stake in shares of Snowflake in the fourth quarter worth $29,000
purchased a new stake in shares of Snowflake during the fourth quarter worth $31,000
Quadrant Capital Group LLC lifted its stake in Snowflake by 74.6% in the 4th quarter
Quadrant Capital Group LLC now owns 213 shares of the company's stock worth $33,000 after purchasing an additional 91 shares in the last quarter
Blue Bell Private Wealth Management LLC boosted its position in shares of Snowflake by 189.5% during the 4th quarter
Blue Bell Private Wealth Management LLC now owns 220 shares of the company's stock valued at $34,000 after acquiring an additional 144 shares during the last quarter
Perkins Coie Trust Co grew its stake in shares of Snowflake by 136.3% in the 4th quarter
Perkins Coie Trust Co now owns 241 shares of the company's stock valued at $37,000 after buying an additional 139 shares during the period
Hedge funds and other institutional investors own 65.10% of the company's stock
insiders sold 371,963 shares of company stock worth $61,001,558
Corporate insiders own 7.80% of the company's stock
Ten investment analysts have rated the stock with a hold rating
twenty-nine have assigned a buy rating and two have given a strong buy rating to the company's stock
the company has an average rating of "Moderate Buy" and a consensus target price of $200.28
Get Our Latest Stock Analysis on Snowflake
SNOW stock traded up $0.21 during mid-day trading on Monday
2,493,546 shares of the company were exchanged
compared to its average volume of 6,399,747
The company has a market capitalization of $55.41 billion
The firm has a fifty day simple moving average of $153.50 and a 200 day simple moving average of $157.82
a quick ratio of 1.88 and a debt-to-equity ratio of 0.77
has a twelve month low of $107.13 and a twelve month high of $194.40
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When the data warehousing company Snowflake went public in September 2020
investor excitement for its cloud-driven growth story propelled its first-day valuation to $70 billion — more than 100 times its annualized revenues at the time
That made it the biggest software IPO on record
which helps companies store and analyze large volumes of data
had come to fame with a technical accomplishment that allowed clients to scale up their computing power without buying more storage
its shares had fallen below their 2020 price
as it became clear that AI was ushering in a period of disruptive technological change
On the day it appointed Google veteran Sridhar Ramaswamy to succeed Frank Slootman as CEO
a disappointing financial update sent its stock down another 20%
“I told my team that they had to earn their way back to a higher stock price
Rethinking the company’s product lineup was the obvious priority for the new CEO
who earlier in his career ran Google’s entire advertising business
overseeing everything from search to shopping
was figuring out Snowflake’s future: “How do we take new products to market in a company that has been enormously successful with an old product?”
Companies can go from being hungry for success to just expecting success for all that they do
“Part of what I’ve tried to drill into every Snowflake person’s way of thinking is the need to strive for success
the need to be excellent on an ongoing basis
the need to be gripped to capture opportunities that are there
Your president might announce tariffs that shut the world down.”
‘No-regrets’ moves to turn crisis to opportunity
Snowflake supports AI models from OpenAI to DeepSeek
and the AI spending cycle looks likely to shelter it from some of the pressures other companies will face in a trade war
“Our core product is very strong,” Ramaswamy says
but he still expects an impact if current economic uncertainties persist
‘I don’t really want to commit large dollars over the next three years,’” he predicts
he is using that prospect to inject a sense of urgency into the company he joined two years ago when Snowflake bought Neeva
the privacy-focused search company he launched after leaving Google
there are no-regrets moves that you should take
‘don’t let any crisis go to waste,‘” Ramaswamy observes
and points to his appointment of a chief people officer as a way to put more “back to basics” HR rigor into the 7,500-employee business
“You cannot talk about performance if you’re not willing to have a conversation about what excellence means,” he notes
saying leaders “need to have conversations with people about expectations and what happens if they don’t meet expectations.”
Turning AI ‘shopping’ into tangible results
That includes not just telling staffers what they need to do to improve their performance
and Ramaswamy has focused on helping Snowflake’s 3,000 salespeople adapt to the fast-changing technology backdrop
“I have a lot of sympathy for our sales folks,” he says
“They have to go pitch a product in… an environment that they don’t always understand
talking to experts who sometimes know way more about these areas than they do.” It’s one thing for Snowflake to add AI capabilities to a product; it’s another for a salesperson to be able to speak eloquently about what that product can do for a customer
“You can’t get 3,000 people educated on a new thing overnight
especially when they’re uncomfortable with it.”
His solution has been to create a dedicated team of AI experts that can help the wider sales force with early pitches to clients
He also made a point of meeting each of Snowflake’s 100 largest customers in his first five months
Despite the complexities he sees in this technology shift
Ramaswamy’s watchword is that his people need to “demystify” AI
“Our motto for AI on Snowflake is that it’s going to be easy for you to see what value you can get as a customer,” he says
So he will tell clients that he’s happy to send a team over to run a half-day hackathon to show what they can do by applying AI to their data
relevant examples of what AI can do is “by far the single biggest thing that CEOs are not doing,” he says
Too many executives are still “shopping for AI,” Ramaswamy says
likening what he sees to a consumer enjoying the fleeting dopamine hit of an online purchase before wondering whether it will need to be returned
The technology cannot be abstract for executives
adding that he subscribes to a host of different AI products so he can better understand their capabilities
“You begin to get more and more of a feel for what’s the utility that you can expect from AI
It doesn’t automatically create business value,” he says
adding that he expects enterprise adoption of AI to be “slow and steady,” and driven by simple applications that are able to show real value creation
a professorial graduate of the Indian Institute of Technology Madras and Brown University
earned the respect of many peers in Silicon Valley for launching Neeva
a search engine which relied on subscriptions rather than advertising to protect users’ privacy
But the admiration it earned was not matched by commercial success
and he shut the product down even before the sale to Snowflake went through
What Snowflake was buying was Neeva’s people
and Ramaswamy told them that “getting acquired like that meant that we really had to embrace the aspirations and the North Stars of our new home.” He had seen many of Google’s acquisitions “go horribly wrong” because of a lack of alignment between the incoming team and their new employer
he admits that his heart “still skips a beat” when he reads about a related product
or when he bumps into a former Neeva subscriber
adding that he has used the experience to stress the need for resilience to his children
“I tell them that it’s very easy to just deal with success
You’ve got to deal with failure and internalize that a lot more than your success.”
Running a startup was an amazing experience
more because I dropped too much of what I was good at.”
He learned a lot at Google about how to run a business
when people consult him about changing jobs
he tells them to make a list of their skills
It can take years to get good at something
and people should think hard before making any move in which they would set those skills aside
“You’re not going to like being mediocre at a whole bunch of other things,” he says
you will find “incredibly motivated people that have been working on them for 20 years
You will compare yourself to them and feel pretty miserable.”
“We’re in Silicon Valley, right? This is the land of Only the Paranoid Survive,” he says, in reference to the 1988 book by Andy Grove, who ran Intel before the chipmaker lost its way. That line, Ramaswamy reminds people, was “said by a company that failed to be paranoid.”
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K-12’s platform for success is Powered by Snowflake
PowerSchool, the leading K-12 education platform, builds its product on Snowflake. In doing so, they’re able to scale seamlessly and provide real-time insights to school systems across the country.
Your CISO’s exposure management platform is Powered by Snowflake
With Tenable One and Snowflake, customers can easily centralize all vulnerability and threat data in one place to unlock a holistic view of their entire attack surface and glean actionable insights.
The world’s leading RPA platform is Powered by Snowflake
UIpath, a leading enterprise automation software company, built their web app for data modeling and analytics on Snowflake, allowing users to see a library of curated dashboard templates including business ROI, robots, processes and queues.
Devs’ favorite cybersecurity platform is Powered by Snowflake
Snyk is the developer-loved, security-trusted platform that helps secure code, dependencies, containers, and infrastructure as code. By building on Snowflake, Snyk was able to consolidate apps on their platform to a single data model, enabling their customers to have a holistic view of their security posture.
Your CISO’s cloud security app is Powered by Snowflake
By building on Snowflake, Lacework is able to take tens of billions of security data points and — through intelligent automation and a patented analytics engine — surface the handful of security events that matter most in a given day.
Your go-to-grow eCommerce app is Powered by Snowflake
Cart.com, the leading provider of comprehensive eCommerce solutions, builds on Snowflake giving customers end-to-end insights of their eCommerce operations, all in one centralized location.
HOW RUDDERSTACK’S CONNECTED APPLICATION ON SNOWFLAKE MAKES IT EASY TO INGEST, TRANSFORM, AND INTEGRATE DATA
Watch this webinar to understand how developers and marketers are using RudderStack, powered by Snowflake, to capture a complete view of customer engagement and the customer lifecycle.
Bring Identity Resolution to Your Data with Native Applications
Powered by Snowflake: Why the Hunters Team Embraces a Connected App Model
Automating Cloud Security with Lacework and Snowflake
How to Make Customer Data Accessible and Actionable with Simon Data
Understand User Behavior Across Multiple Channels with Piano Analytics
Smart, Scalable, and Safe—How Habu Automates and Scales Data Clean Rooms on Snowflake
Data Trust in the AI Data Cloud With Monte Carlo
Capital One Software's First Native Snowflake App
Where Data Collaboration Is Going With Habu
Industry leading applications are Powered by Snowflake! If you have a Powered by Snowflake application, use the logos and content and brand guidelines to support your marketing
they’re able to scale seamlessly and provide real-time insights to school systems across the country
customers can easily centralize all vulnerability and threat data in one place to unlock a holistic view of their entire attack surface and glean actionable insights
a leading enterprise automation software company
built their web app for data modeling and analytics on Snowflake
allowing users to see a library of curated dashboard templates including business ROI
security-trusted platform that helps secure code
Snyk was able to consolidate apps on their platform to a single data model
enabling their customers to have a holistic view of their security posture
Lacework is able to take tens of billions of security data points and — through intelligent automation and a patented analytics engine — surface the handful of security events that matter most in a given day
the leading provider of comprehensive eCommerce solutions
builds on Snowflake giving customers end-to-end insights of their eCommerce operations
Watch this webinar to understand how developers and marketers are using RudderStack
to capture a complete view of customer engagement and the customer lifecycle
and Safe—How Habu Automates and Scales Data Clean Rooms on Snowflake
Dimensional Fund Advisors LP cut its position in shares of Snowflake Inc. (NYSE:SNOW - Free Report) by 2.3% in the fourth quarter
according to the company in its most recent filing with the Securities & Exchange Commission
The institutional investor owned 337,560 shares of the company's stock after selling 7,891 shares during the period
Dimensional Fund Advisors LP owned about 0.10% of Snowflake worth $52,125,000 as of its most recent filing with the Securities & Exchange Commission
Several other hedge funds have also made changes to their positions in the company
Stonebridge Financial Group LLC bought a new stake in shares of Snowflake in the fourth quarter valued at about $29,000
Quadrant Capital Group LLC raised its holdings in shares of Snowflake by 74.6% in the 4th quarter
Quadrant Capital Group LLC now owns 213 shares of the company's stock valued at $33,000 after purchasing an additional 91 shares in the last quarter
Blue Bell Private Wealth Management LLC lifted its position in shares of Snowflake by 189.5% in the 4th quarter
Blue Bell Private Wealth Management LLC now owns 220 shares of the company's stock worth $34,000 after purchasing an additional 144 shares during the period
Perkins Coie Trust Co boosted its stake in shares of Snowflake by 136.3% during the fourth quarter
Perkins Coie Trust Co now owns 241 shares of the company's stock valued at $37,000 after purchasing an additional 139 shares in the last quarter
increased its holdings in Snowflake by 1,437.5% during the fourth quarter
now owns 246 shares of the company's stock valued at $38,000 after buying an additional 230 shares during the period
65.10% of the stock is currently owned by hedge funds and other institutional investors
Insiders sold 371,963 shares of company stock valued at $61,001,558 over the last three months
7.80% of the stock is owned by corporate insiders
NYSE:SNOW traded up $0.21 during trading hours on Monday
The company's stock had a trading volume of 2,493,546 shares
compared to its average volume of 6,399,836
has a 52-week low of $107.13 and a 52-week high of $194.40
The stock has a market capitalization of $55.41 billion
The stock has a fifty day moving average of $153.46 and a 200-day moving average of $157.49
SNOW has been the topic of several recent research reports
Truist Financial dropped their target price on Snowflake from $225.00 to $210.00 and set a "buy" rating on the stock in a research report on Monday
Jefferies Financial Group cut their target price on Snowflake from $220.00 to $190.00 and set a "buy" rating on the stock in a research note on Monday
UBS Group boosted their target price on shares of Snowflake from $190.00 to $200.00 and gave the stock a "neutral" rating in a report on Thursday
Evercore ISI raised their price target on shares of Snowflake from $190.00 to $200.00 and gave the company an "outperform" rating in a report on Wednesday
Macquarie assumed coverage on shares of Snowflake in a research report on Wednesday
They set a "neutral" rating and a $160.00 target price for the company
Ten research analysts have rated the stock with a hold rating
twenty-nine have issued a buy rating and two have assigned a strong buy rating to the stock
the stock currently has an average rating of "Moderate Buy" and an average price target of $200.28
Check Out Our Latest Analysis on Snowflake
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Skip the infrastructure management with serverless AI to analyze unstructured data
Protect the value of your data and models with industry-leading security and unified governance trusted by thousands of organizations
Enable business users to interact with data using natural language
self-serve insights and save valuable time
Quickly and securely find information by asking questions within a given set of documents with fully managed text embedding
hybrid search (semantic + keyword) and retrieval
Access top-tier large language models (LLMs) such as Anthropic Claude
Mistral Large and more using serverless functions and APIs
Break down user questions and route data requests to Cortex AI retrieval services
Empower users of all technical levels to securely use AI with a built-in no-code development interface.†
Customize LLMs securely and effortlessly to increase the accuracy and performance of models for use-case specific tasks
I can empower smart people to bring AI to life in one place
and the data stays 100% in Snowflake’s environment.”
COO & Chief Data & Analytics Officer
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Extract content like invoice amounts or contract terms across a large volume of documents
data engineers and other SQL developers with AI that understand the context of your data to turn questions into SQL queries
Enable business users to self-serve highly accurate insights using natural language from any application
Democratize knowledge with applications that can quickly search multiple documents and other text-based assets such as wikis and FAQs using retrieval augmented generation (RAG)
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Reduce the complexity of stitching together multiple services and systems by supporting many use cases on unstructured, semi-structured and structured data — all in one platform.
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performant data lake that supports a variety of data sources and integrations to unify data for analytics
semi-structured and structured data together
whether it’s stored externally or in Snowflake’s optimized
Secure your data lake with granular access controls
and out-of-the-box telemetry to audit usage
Spend less time and money keeping the lights on—and more on strategic work—by letting Snowflake handle upgrades
Reduce the complexity of stitching together multiple services and systems by supporting many use cases on unstructured
semi-structured and structured data — all in one platform
automatic micro-partitioning and encryption in transit and at rest
Snowflake’s fully managed storage helps spare you the hassle of securing
Manage and access files and tables stored in external data lake storage—including open file formats and Apache Iceberg—without having to copy or move data
Easily integrate third-party data with direct access to live data sets from Snowflake Marketplace
which reduces the costs and burden associated with traditional extract
transform and load (ETL) pipelines and API-based integrations
simply use native connectors to bring data in
Whether you’re storing data in Snowflake or your own object storage
you can use Snowflake Horizon Catalog to understand
Run pipelines with Snowflake’s elastic multi-cluster compute for reliable performance
Ingest and transform files or tables with SQL
Scala or Java — without the need for additional clusters
Snowflake’s near-instant elasticity rightsizes compute resources
and consumption-based pricing ensures you only pay for what you use
Ongoing performance improvements and native optimizations continue to make costs increasingly efficient
"By taking advantage of the Snowflake virtual warehouse
we were able to meet our one-to-three-minute SLA for processing pipelines and bring down total runtimes by as much as 75%."
users and use cases directly to your data—all within the AI Data Cloud
Use a fully managed platform connecting businesses globally across any type or scale of data
Do data analytics faster with optimal pricing and near-zero maintenance
Securely build and deploy LLMs and ML models customized with your data.
continuous data pipelines at scale in the language of your choice
you can use the Snowflake platform for a variety of architecture patterns to best suit your needs—all globally connected in the AI Data Cloud
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Build a transactional data lake architecture pattern for unified analytics
Follow along with Snowflake’s Quickstart guides to learn hands-on how to work with data in semi-structured
2025|5 min readMeet the SnowConvert Migration Assistant: Your Key to Faster
AI-Powered Data Warehouse ModernizationAdvanced SQL and complex stored procedures form the very backbone of data warehouses
these intricate constructs frequently turn into costly and time-consuming hurdles
While many tools may offer automation to streamline the migration process
the unavoidable manual review of flagged issues – Errors
and Issues (EWIs) – has historically demanded specialized expertise and a significant investment of time
This bottleneck can dramatically inflate project timelines
delaying access to critical insights and the full benefits of a new environment
That’s why we are excited to announce the public preview of the SnowConvert Migration Assistant
a new AI-powered feature specifically designed to tackle this migration bottleneck
Integrated directly into the Snowflake Visual Studio extension
this assistant uses the power of Snowflake Cortex AI to empower your team to resolve complex migration challenges with speed and efficiency
By providing AI-driven explanations and suggested fixes for EWIs directly within the SnowConvert outputs
this integration streamlines your development workflow
concise explanations generated by large language models (LLMs) and AI-driven suggestions for effective resolutions
With the new SnowConvert Migration Assistant
the often-daunting task of manually reviewing and resolving complex code issues becomes significantly more efficient
This innovation seeks to simplify and accelerate your data warehouse migrations
allowing you to unlock the value of the Snowflake AI Data Cloud faster
The SnowConvert Migration Assistant brings readily available fixes and suggestions to developers when and where they need it
When working with SnowConvert output files
users can interact with an AI-powered interface that explains each EWI in detail and suggests specific fixes
The assistant can handle a wide range of migration scenarios
from simple syntax differences to complex stored procedure conversions
providing detailed explanations that help users understand not just what to change but why the change is necessary
The true power of the SnowConvert Migration Assistant lies in its interactive nature
Users can engage in a direct dialogue about specific EWIs
asking for clarification or requesting alternative approaches tailored to their unique context
This conversational interface democratizes the migration process
making intelligent assistance readily available to users of all database expertise levels
from seasoned migration specialists to developers newer to the Snowflake ecosystem
making the assistant a dynamic and significantly more powerful tool
A foundational principle in the development of this assistant was enabling uncompromising security and governance
all AI operations are executed entirely within the customer's own Snowflake account
This architectural decision enables code analysis and suggested fixes to adhere to the stringent security and governance standards that Snowflake customers have implemented
By seamlessly integrating with the existing Snowflake VS Code extension and leveraging Snowflake's robust security infrastructure
sensitive code and data don’t leave the customer's control
while providing cutting-edge AI capabilities
Our confidence in the SnowConvert Migration Assistant is deeply rooted in practical experience
and the specific challenges encountered when dealing with complex SQL
This feature has been optimized based on data and learnings from numerous real-world data warehouse migrations
we've rigorously validated the assistant's effectiveness with real users during the private preview
incorporating their feedback to refine its accuracy
and the relevance of its AI-driven explanations and suggested fixes
grounded in real-world scenarios and user validation
means the SnowConvert Migration Assistant directly addresses the practical hurdles of migration
offering improvements in speed and efficiency
This release marks a significant step in our broader strategic direction: leveraging the power of AI to fundamentally simplify data warehouse migrations
By augmenting SnowConvert's robust conversion capabilities with the intelligence of Cortex AI
we are creating solutions that not only enhance efficiency but also maintain the high standards of reliability that our enterprise customers demand
This deep integration of AI into our migration product highlights our commitment to reducing the inherent complexity and time typically associated with data warehouse migrations
without compromising the precision and reliability our customers depend on
Ready to experience the power of an AI-assisted data warehouse migration
Users can access the SnowConvert Migration Assistant directly through the familiar Snowflake VS Code extension by simply enabling the feature within the extension's settings
the assistant automatically activates when you select SnowConvert output files containing EWIs
AI-powered assistance to guide you towards resolution
the assistant requires no additional configuration beyond the standard Snowflake connection settings already in use within VS Code
for immediate accessibility for all existing SnowConvert users
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Advanced SQL and complex stored procedures form the very backbone of data warehouses
That’s why we are excited to announce the public preview of the SnowConvert Migration Assistant
I understand Snowflake will process my personal information in accordance with their Privacy Notice
To support a wide range of workloads, it’s optimized for performance at scale no matter whether someone’s working with SQL, Python or other languages. And it’s globally connected so organizations can securely access the most relevant content across clouds and regions, with one consistent experience.
Optimized storageBrings unstructured, semi-structured and structured data together at near-infinite scale.
Elastic, multi-cluster computeScales up and down based on usage and scales out to support massive concurrent users, data volumes, and workloads all with one engine.
Cloud servicesKeeps Snowflake self-managing, with automations that eliminate costly and complex resource investments.
SnowgridDelivers a single, connected experience across regions and clouds globally to enable unified governance, business continuity and both intra- and inter-org collaboration.
Instead of the historic pattern of data moving to different systems or teams, the AI Data Cloud enables organizations to bring all workloads directly to their data. Thus breaking down silos and fueling more powerful insights, quickly.
AnalyticsDo data analytics faster with optimal pricing and near-zero maintenance.
AISecurely build and deploy LLMs and ML models customized with your data.
Data EngineeringBuild reliable, continuous data pipelines at scale in the language of your choice.
Applications & CollaborationShare live data across clouds and orgs
Applications & CollaborationApplications & CollaborationShare live data across clouds and orgs
The AI Data Cloud also helps organizations drive new revenue with the Snowflake Marketplace. Distribute and monetize Snowflake Native Apps to the entire AI Data Cloud network of thousands of organizations, and streamline monetization with customizable billing, in-platform purchasing and fine-grained usage reports. Join the hundreds that are building and distributing modern applications with Snowflake.
Start your 30-DayFree TrialTry Snowflake free for 30 days and experience the AI Data Cloud that helps eliminate the complexity, cost and constraints inherent with other solutions.
The AI Data Cloud is a global network that connects organizations to the data and applications most critical to their business
The AI Data Cloud enables a wide range of possibilities
from breaking down silos within an organization to collaborating over content with partners and customers
and even integrating external data and applications for fresh insights
Powering the AI Data Cloud is Snowflake’s single platform. Its unique architecture connects businesses globally, at practically any scale to bring data and workloads together. Together with the Snowflake Marketplace which simplifies the sharing
collaborating and monetizing of thousands of datasets
services and entire data applications — this creates the active and growing AI Data Cloud
Snowflake’s platform eliminates data silos and simplifies architectures
so organizations can get more value from their data
unified product with automations that reduce complexity and help ensure everything “just works.”
it’s optimized for performance at scale no matter whether someone’s working with SQL
And it’s globally connected so organizations can securely access the most relevant content across clouds and regions
semi-structured and structured data together at near-infinite scale
Scales up and down based on usage and scales out to support massive concurrent users
with automations that eliminate costly and complex resource investments
connected experience across regions and clouds globally to enable unified governance
business continuity and both intra- and inter-org collaboration
Instead of the historic pattern of data moving to different systems or teams
the AI Data Cloud enables organizations to bring all workloads directly to their data
Thus breaking down silos and fueling more powerful insights
Snowflake is powering the future of application development
Snowflake’s platform provides the building blocks to build
test and deploy data-intensive applications
easily scale to support dynamic demand and ensure everything stays up and running even across clouds
The AI Data Cloud also helps organizations drive new revenue with the Snowflake Marketplace
Distribute and monetize Snowflake Native Apps to the entire AI Data Cloud network of thousands of organizations
and streamline monetization with customizable billing
in-platform purchasing and fine-grained usage reports
Join the hundreds that are building and distributing modern applications with Snowflake.
Identify and track sensitive data with built-in object tagging; Sensitive Data Automatic2 and Custom Classification2
Audit content usage through Data & Listing Access History and Schema Change Tracking
Monitor data quality with both out-of-the-box and custom metrics
Understand relationships through object dependencies and lineage
Centrally apply granular access policies across all databases, schemas and tables (including open table formats) in an account
Safeguard data, apps and models with built-in encryption, authentication, network policies, unified RBAC and Listing Discovery Controls
Streamline security and compliance monitoring across clouds based on industry best practices with Trust Center
5Minutes for NYC Health + Hospitals to equip users with updated membership data — down from five days
Rows of healthcare data in Snowflake for NYC Health + Hospitals to provide a holistic view of patients
Tap into the vast ecosystem of Snowflake resources, partner offerings and community of Data Superheroes.
Maximize existing investments and manage your entire data estate with pre-built integrations by leading partners.
Snowflake CommunityMeet and learn from a global network of data governance leaders in Snowflake’s community forum and Snowflake User Groups.
Snowflake DocumentationCheck out Snowflake documentation for information about features, tutorials and a detailed reference of commands, functions and operators.
ResourcesExplore more governance and discovery resources by industry
Docs
course
WEBINAR
Guide
Learn how implementing effective data discovery practices can unlock powerful insights from your organization's information, turning raw data into a strategic asset that reveals hidden patterns, and creating new business opportunities through a unified approach to data exploration and analysis.
Guide
Learn how implementing data integrity best practices will transform your business by ensuring accuracy and reliability throughout your data's lifecycle, turning your information into a trusted strategic asset that drives better decisions and protects your most valuable resources.
Guide
Explore how implementing a structured data governance framework secures your organization's most valuable information assets—establishing clear protocols that protect sensitive data while enabling teams to make more informed decisions and maximize the strategic value of your enterprise information.
Guide
Discover how Master Data Management can transform your business by creating a unified view of all your critical data—unlock deeper insights, eliminate costly errors, and deliver exceptional customer experiences.
governance resourcesStart your 30-DayFree TrialTry Snowflake free for 30 days and experience the AI Data Cloud that helps eliminate the complexity, cost and constraints inherent with other solutions.
Built-in data governance and discovery for the AI Data Cloud
discovery and collaboration capabilities that help data governors
CISO’s/security admins and data teams both protect and unlock the value of sensitive data
Centrally apply granular access policies across all databases
schemas and tables (including open table formats) in an account
unified RBAC and Listing Discovery Controls
Snowflake Horizon Catalog’s unified security and governance features provide peace of mind in the highly regulated healthcare industry
Minutes for NYC Health + Hospitals to equip users with updated membership data — down from five days
Tap into the vast ecosystem of Snowflake resources
partner offerings and community of Data Superheroes
Maximize existing investments and manage your entire data estate with pre-built integrations by leading partners
Meet and learn from a global network of data governance leaders in Snowflake’s community forum and Snowflake User Groups
Check out Snowflake documentation for information about features
tutorials and a detailed reference of commands
Explore more governance and discovery resources by industry
Learn how implementing effective data discovery practices can unlock powerful insights from your organization's information
turning raw data into a strategic asset that reveals hidden patterns
and creating new business opportunities through a unified approach to data exploration and analysis
Learn how implementing data integrity best practices will transform your business by ensuring accuracy and reliability throughout your data's lifecycle
turning your information into a trusted strategic asset that drives better decisions and protects your most valuable resources
Explore how implementing a structured data governance framework secures your organization's most valuable information assets—establishing clear protocols that protect sensitive data while enabling teams to make more informed decisions and maximize the strategic value of your enterprise information
Discover how Master Data Management can transform your business by creating a unified view of all your critical data—unlock deeper insights
and deliver exceptional customer experiences
data-intensive applications with fully managed data and AI infrastructure and zero copy integration
AI models and apps with your teams and partners on any cloud or region — without additional ETL or integration work
Spend less time integrating data and SaaS providers — Snowflake does that work for you
Extend what’s possible through apps and AI products
all while adding flexibility in how you use your Snowflake budget
Streamline your architecture to deliver new features faster— from embedded analytics to generative AI
Easily integrate data and applications in client environments globally
across clouds through Snowflake Marketplace
Snowflake’s fully managed service offers automatic scaling and per-second pricing to meet demand while optimizing margins
The map is intended for illustrative purposes and does not show all available regions, for a full list of regions see documentation.
Reduce the risks and costs of data movement and integrations with cross-cloud, zero-ETL data sharing. Provide the right people with the right access to your data and AI models with Snowflake Horizon Catalog’s built-in governance and discovery features. Unlock the value of your most sensitive data with advanced privacy policies and Snowflake Data Clean Rooms.
Connect to 680+ data and SaaS providers within minutes, not months, by using existing, live connections and pre-built connectors. Easily extend Snowflake’s capabilities with apps and AI products that include everything from AI agents to graph analytics, geospatial, computer vision models to cost optimization tools. Add budget flexibility and increase your buying power by bundling your data and SaaS spend with Snowflake.
Grow your revenue, increase margins and deliver the best customer experience by offering data, apps and AI products on Snowflake Marketplace.
Accelerate production-ready innovation with a unified suite of features and services for data and AI.
Learn from and connect with others in the AI Data Cloud.
Explore the developer resources you need to build and scale your applications.
Free Collaboration WorkshopsTake this free hands-on workshop to learn how your organization can collaborate more effectively with Snowflake.
Snowflake CommunityMeet and learn from a global network of data practitioners in Snowflake’s community forum and Snowflake User Groups.
Application & CollaborationResourcesLive Demos
EBOOK
Use Case
apps & collaboration resource libraryStart your 30-DayFree TrialTry Snowflake free for 30 days and experience the AI Data Cloud that helps eliminate the complexity, cost and constraints inherent with other solutions.
data products and AI models for your teams
Get enterprise-grade scale and governance — without moving any data
The map is intended for illustrative purposes and does not show all available regions, for a full list of regions see documentation
Reduce the risks and costs of data movement and integrations with cross-cloud
Provide the right people with the right access to your data and AI models with Snowflake Horizon Catalog’s built-in governance and discovery features
Unlock the value of your most sensitive data with advanced privacy policies and Snowflake Data Clean Rooms
Connect to 680+ data and SaaS providers within minutes
Easily extend Snowflake’s capabilities with apps and AI products that include everything from AI agents to graph analytics
computer vision models to cost optimization tools
Add budget flexibility and increase your buying power by bundling your data and SaaS spend with Snowflake
increase margins and deliver the best customer experience by offering data
apps and AI products on Snowflake Marketplace
Accelerate production-ready innovation with a unified suite of features and services for data and AI
Learn from and connect with others in the AI Data Cloud
Take this free hands-on workshop to learn how your organization can collaborate more effectively with Snowflake
Meet and learn from a global network of data practitioners in Snowflake’s community forum and Snowflake User Groups
Simplify governance and security Maintain a single data governance and security model for both transactional and analytical data.
With Hybrid Tables’ fast, high-concurrency point operations, you can store application and workflow state directly in Snowflake.
Use Hybrid Tables to serve data without reverse ETL and to build lightweight transactional apps.
Snowflake allows you to maintain a single data governance and security model for both transactional and analytical data on one platform so you can focus on accelerating innovation knowing that all your data is protected consistently.
MarketWise Reduces Costs and Ops Burden While Accelerating Insights with Snowflake Hybrid Tables
Start BuildingLearn from and connect with builders in the AI Data Cloud.
Snowflake for Developers contains resources to help you build, operate and optimize your applications.
UNISTOREResourcesWebinar
EBOOK
White Paper
unistore resource libraryStart your 30-DayFree TrialTry Snowflake free for 30 days and experience the AI Data Cloud that helps eliminate the complexity, cost and constraints inherent with other solutions.
Unify transactional and analytical workloads in Snowflake for enhanced simplicity
Execute both transactional and analytics use cases from a single database.
Maintain a single data governance and security model for both transactional and analytical data
you can store application and workflow state directly in Snowflake
Use Hybrid Tables to serve data without reverse ETL and to build lightweight transactional apps
Snowflake allows you to maintain a single data governance and security model for both transactional and analytical data on one platform so you can focus on accelerating innovation knowing that all your data is protected consistently
Learn from and connect with builders in the AI Data Cloud
Snowflake for Developers contains resources to help you build
Reduce operational burden from development and operation teams with fully managed AI running next to the data, eliminating costly data pipeline and integration maintenance.
Deploy trusted AI efficiently into production with unified security, access and cost controls, and natively integrated observability for both data and AI.
Process text, documents, and other media with SQL functions using LLMs from providers like Anthropic and Meta running inside Snowflake. This eliminates the need for single API calls to external services, allowing you to orchestrate and scale unstructured data processing workflows with ease.
Train a model in a Snowflake NotebookKEY FEATURESAccelerate production-ready innovation with a unified suite of AI running next to your data.
“At Zoom Communications, our mission is to be one platform delivering limitless human connections. To accomplish this, we want to empower every team member to safely use AI to better serve our customers. Using Snowflake’s easy-to-use and secure platform for generative AI and machine learning, we continue to democratize AI to efficiently turn data into better customer experiences.”
Extend Snowflake’s security, performance and ease with our technology partners.
Open Source ProjectsBrowse open source projects that Snowflakes contributes to, maintains or supports.
Solutions
COURSE
Community
Guide
Discover how AI-augmented business intelligence empowers non-technical users to analyze data through conversational interfaces, enabling faster insights and data-driven decision making with tools like Snowflake's AI Data Cloud.
Guide
Learn how RAG technology enhances LLMs with external knowledge bases, providing more accurate and trustworthy AI responses for business applications through Snowflake Cortex AI.
Guide
Explore how AI-powered text and document processing automates data extraction and analysis from various documents, saving time and resources while improving decision-making through enhanced insights from LLMs like Snowflake's Document AI.
ai resource libraryStart your 30-DayFree TrialTry Snowflake free for 30 days and experience the AI Data Cloud that helps eliminate the complexity, cost and constraints inherent with other solutions.
and train models using both structured and unstructured data — all with minimal operational overhead and end-to-end governance
genAI app and model development with a single platform made of modular
Reduce operational burden from development and operation teams with fully managed AI running next to the data
eliminating costly data pipeline and integration maintenance.
Deploy trusted AI efficiently into production with unified security
and natively integrated observability for both data and AI
and other media with SQL functions using LLMs from providers like Anthropic and Meta running inside Snowflake
This eliminates the need for single API calls to external services
allowing you to orchestrate and scale unstructured data processing workflows with ease
Enable access and action to enterprise data via natural language interfaces with scalable processing and accurate out-of-the-box retrieval for both structured and unstructured data using Cortex Analyst text-to-SQL service and Cortex Search fully managed RAG engine
Develop models faster with Notebooks using a container-based runtime that distributes data loading and model training on GPUs.2 Take features and models to production at scale with Snowflake Feature Store and Model Registry.
Accelerate production-ready innovation with a unified suite of AI running next to your data
our mission is to be one platform delivering limitless human connections
we want to empower every team member to safely use AI to better serve our customers
Using Snowflake’s easy-to-use and secure platform for generative AI and machine learning
we continue to democratize AI to efficiently turn data into better customer experiences.”
performance and ease with our technology partners
Browse open source projects that Snowflakes contributes to
Discover how AI-augmented business intelligence empowers non-technical users to analyze data through conversational interfaces
enabling faster insights and data-driven decision making with tools like Snowflake's AI Data Cloud
Learn how RAG technology enhances LLMs with external knowledge bases
providing more accurate and trustworthy AI responses for business applications through Snowflake Cortex AI
Explore how AI-powered text and document processing automates data extraction and analysis from various documents
saving time and resources while improving decision-making through enhanced insights from LLMs like Snowflake's Document AI
1Private preview\r\n2Public preview\r\n3Coming soon
hosted its flagship Data for Breakfast event in Riyadh
at the Crowne Plaza Riyadh RDC Hotel & Convention
The event brought together technology leaders
and innovators from across the Kingdom to explore how businesses can unlock the full potential of their data through AI
Attendees discovered how the Snowflake platform empowers organisations to activate data across data lakehouses
and warehouses through a keynote presentation on the AI Data Cloud
followed by customer-led sessions from O3ai
a cloud-based restaurant management and POS solution
The event also featured a live demo highlighting the platform’s performance
With PwC reporting that 81% of CEOs in the Kingdom have embraced AI in the past year
the sessions underscored how data is the foundation for building impactful AI strategies that deliver real-world value
and organisations are scaling AI use cases built on robust data strategies
including our regional HQ and local cloud deployment
enables us to support data sovereignty and drive forward Vision 2030
Our annual Data for Breakfast demonstrates how the Snowflake AI Data Cloud is turning strategy into execution — offering a practical roadmap for enterprises to unlock business value and realise measurable ROI through secure
added: "In the fast-moving F&B industry
the ability to act on data in real-time is a game changer
we’re able to unify our data landscape and deliver insights at scale
whether it's to enhance customer experiences
our ability to leverage Snowflake’s AI-powered analytics helps us anticipate trends and respond quickly to the evolving needs of thousands of clients."
Snowflake’s research reveals 93% of enterprises report their Gen AI initiatives as successful
reinforcing the role of modern data platforms in realising AI’s potential
The Kingdom’s $100 billion AI initiative underpins a national push to lead in global tech
supported by strong digital infrastructure and an innovation-first mindset
Snowflake is also investing in local talent development through its One Million Minds program
by equipping Saudi professionals with advanced AI training and skills
supporting Vision 2030’s goal of building a competitive
With a unified platform that empowers organisations and individuals alike
Snowflake is helping drive Saudi Arabia’s knowledge economy while enabling AI innovation at scale
Snowflake continues to champion the importance of a strong data foundation
About Snowflake Snowflake makes enterprise AI easy
More than 11,000 companies around the globe
use Snowflake’s AI Data Cloud to share data
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marketers can now take their personalization efforts beyond human scale
breaking free from the constraints of rule-based marketing and using AI to autonomously experiment and optimize every customer interaction
Join us to discover how the marketing team at WHOOP
uses Hightouch and Snowflake to maximize customer lifetime value through AI-powered personalization
Don’t miss this opportunity to explore the future of AI-powered marketing
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Appfolio delivers Streamlit apps in minutes
Turn Python Scripts Into Web AppsDefine widgets—filters, graphs, sliders and more—as variables to interact with your data and models.
Add, adjust or remove components quicklyModify your code and see changes go live with side-by-side editor and app preview screens.
Go from build to prod in one clickDeploy Streamlit apps in scalable, reliable infrastructure—then share via URLs that leverage existing role-based access controls.
Streamlit in SnowflakeSolution GalleryReady to build your own? Discover how Streamlit in Snowflake empowers data teams to make rapid, data-informed decisions.
Retrieval augmented generation with Snowflake CortexImplement RAG with a chat assistant that is knowledgeable on a specific topic.
Time series forecasting and anomaly detection on product sales data using Snowflake ML Functions to train models.
Allow users to input text and perform Named Entity analysis with named entities highlighted in different background colors based on their type.
Explore the language preferences of users visiting your app and gain insight into global usage patterns.
Gain insights into the emotions, opinions, and experiences shared by travelers posting airline-releated content online.
Build charts to easily detect if a product is running low on inventory, identify best-sellers, and get insights into product performance.
Provide detailed insights into various aspects of your Snowflake account usage.
Gather insights about credit and compute cosumption over time, highlighting users with the highest usage of resources.
Understand the basic structure of some of the most popular Streamlit widgets, including CSS code.
Vizualize geo-temporal data from NY taxi pickups
Discover the most popular projects ranked by star ratings and track their growth over time.
Display sales data to analyze quarter-over-quarter growth, highlighting trends to help you evalulate business performance.
Discover how Streamlit in Snowflake empowers data teams to make rapid, data-informed decisions.
Docs
Video
Turn data and AI into interactive apps with Python—now all in Snowflake
Data scientists and Python developers can now combine Streamlit’s component-rich
performance and security of the Snowflake platform
sliders and more—as variables to interact with your data and models
Modify your code and see changes go live with side-by-side editor and app preview screens
reliable infrastructure—then share via URLs that leverage existing role-based access controls
Discover how Streamlit in Snowflake empowers data teams to make rapid
Implement RAG with a chat assistant that is knowledgeable on a specific topic
Time series forecasting and anomaly detection on product sales data using Snowflake ML Functions to train models
Allow users to input text and perform Named Entity analysis with named entities highlighted in different background colors based on their type
Explore the language preferences of users visiting your app and gain insight into global usage patterns
and experiences shared by travelers posting airline-releated content online
Build charts to easily detect if a product is running low on inventory
Provide detailed insights into various aspects of your Snowflake account usage
Gather insights about credit and compute cosumption over time
highlighting users with the highest usage of resources
Understand the basic structure of some of the most popular Streamlit widgets
Discover the most popular projects ranked by star ratings and track their growth over time
Display sales data to analyze quarter-over-quarter growth
highlighting trends to help you evalulate business performance
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bringing the platform’s performance and simplicity to the open table format
The recent developments from Snowflake and Amazon S3 Tables with built-in Iceberg support provide organizations with a powerful new approach to data lake management
you can leverage the platform’s elastic and performant compute
use query semantics of typical Snowflake tables
and interact with a single copy of data in S3 Tables that is interoperable across computing environments
S3 Tables introduce purpose-built optimizations for Iceberg that deliver improved performance
and automatic table maintenance right out of the box
This approach gives organizations a more streamlined method to leverage open data standards
combining the strengths of Snowflake’s data processing capabilities with S3 Tables
we will walk through setting up Snowflake to register an external catalog and query the table
Note: At the time of publishing this blog post
the credential vending feature offered by Snowflake is in preview
external catalogs are offered in a read-only mode by Snowflake
The scope of these features are subject to change in the future
This post will use the catalog integration for the SageMaker Lakehouse Iceberg REST endpoint with Signature Version 4 (SigV4) authentication in Snowflake
Step 1: Log in to the Amazon S3 console and choose Table buckets from the navigation panel
Select the “s3tables-snowflake-integration” bucket
Step 3: Create a namespace called “testnamespace”
Step 5: Create a table “daily_sales” through Athena
Step 6: Insert sample rows into the “daily_sales” table using Athena
we walk through the configuration needed for Snowflake to access this table
First, we create an IAM role that Snowflake will assume to access AWS Glue and Lake Formation APIs
To do this we create the following policy and role:
Step 1: Create the policy and name it “irc-glue-lf-policy”. Here are some steps to do it through the AWS Management Console:
In the policy editor choose JSON and paste the following policies
and <database_name> in the following policy with your values
We use “myblognamespace” as the database name in the rest of this post
Step 2: Create a role named “snowflake_access_role” by following these steps in the IAM console
choose Roles and choose the Create role option
Choose Next and choose the policy you previously created in Step 1
Choose Next and enter “snowflake_access_role” as the role name
The trust relationship for this role will be updated later
you need to define access to this role using Lake Formation
Note: If you use encryption for AWS Glue, you must modify the policy to add AWS Key Management Service (AWS KMS) permissions. For more information, see Setting up encryption in AWS Glue
Step 1: We first start with the Application integration setup
which allows third-party engines to access S3 tables
enable full table access for external engines to access data
Sign in as an data lake admin user and go to AWS Lake Formation
Choose Application integration settings and select Allow external engines to access data in Amazon S3 locations with full table access
we grant the following permissions to the snowflake_access_role on the resources as shown in the following table
2.1 In the Lake Formation console navigation pane
select the radio button IAM users and roles
also from the drop down select snowflake_access_role
In the LF-Tags or catalog resources section
Select <accountid>:s3tablescatalog/s3tables-snowflake-integration for Catalogs
The permission configurations through Lake Formation and IAM are now complete
Step 1: Login to Snowflake as admin user who has permission to create database and create catalog integration
Step 2: Navigate to worksheet and run the following command to create database and catalog integration by providing following parameters
Step 3: Follow these steps to get details to update the trust relationship of the role created to access table buckets through Snowflake (“snowflake_access_role”)
Step 4: Verify the catalog integration using the command below
Step 5: Run the below command to mount the S3 table as a Snowflake table
Step 1: Login to Snowflake as admin user who has permission to use catalog integration created
Step 2: Run the following command to query the table “s3tables_dailysales” on the “S3tables” bucket
we’ve looked at connecting your Snowflake environment to query S3 Tables
using the SageMaker Lakehouse Iceberg REST endpoint
Combining Snowflake and AWS gives you multiple options to build out a transactional data lake for analytical and other use cases such as data sharing and collaboration
Aritra Gupta is a Senior Technical Product Manager on the Amazon S3 team at Amazon Web Services
He helps customers build and scale data lakes
he likes to play chess and badminton in his spare time
Jeemin Sim is a Product Manager at Snowflake
focused on simplifying data architecture and helping organizations unlock the full potential of open formats with Snowflake
Jeemin also enjoys eating delicious food and spending time with her orange cat
Deepmala Agarwal works as an AWS Data Specialist Solutions Architect
She is passionate about helping customers build out scalable
Frank Dallezotte is a Senior Solutions Architect at AWS and is passionate about working with independent software vendors to design and build scalable applications on AWS
and deploying these solutions in the cloud
Srividya Parthasarathy is a Senior Big Data Architect on the AWS Lake Formation team
She works with product team and customer to build robust features and solutions for their analytical data platform
She enjoys building data mesh solutions and sharing them with the community
(SNOW) currently trades approximately 12% beneath its intrinsic value
suggesting it might be fairly valued in the current market
a challenging element looms with an anticipated earnings decline of -5.2%
injecting some uncertainty into its future performance
investors are urged to assess how market fluctuations could affect the volatility of SNOW shares before making any portfolio adjustments
The consensus from 47 brokerage firms places Snowflake Inc. (SNOW, Financial) at an average recommendation rating of 2.0
where 1 equates to a Strong Buy and 5 signals a Sell
Alight Capital Management LP reduced its position in Snowflake Inc. (NYSE:SNOW - Free Report) by 28.6% in the fourth quarter
according to its most recent disclosure with the Securities and Exchange Commission
The firm owned 50,000 shares of the company's stock after selling 20,000 shares during the quarter
Snowflake comprises about 2.5% of Alight Capital Management LP's holdings
Alight Capital Management LP's holdings in Snowflake were worth $7,720,000 at the end of the most recent reporting period
Several other hedge funds also recently bought and sold shares of SNOW
Meiji Yasuda Life Insurance Co lifted its holdings in shares of Snowflake by 12.4% in the 4th quarter
Meiji Yasuda Life Insurance Co now owns 7,965 shares of the company's stock worth $1,230,000 after acquiring an additional 880 shares during the last quarter
bought a new stake in Snowflake in the fourth quarter worth $31,000
BlueCrest Capital Management Ltd purchased a new stake in Snowflake during the fourth quarter valued at about $1,421,000
Eagle Strategies LLC purchased a new stake in Snowflake during the fourth quarter valued at about $878,000
Freestone Grove Partners LP bought a new position in shares of Snowflake during the fourth quarter valued at about $49,072,000
Several analysts have weighed in on SNOW shares
Cantor Fitzgerald reiterated an "overweight" rating and issued a $183.00 price objective on shares of Snowflake in a research report on Wednesday
Evercore ISI boosted their price target on Snowflake from $190.00 to $200.00 and gave the company an "outperform" rating in a report on Wednesday
Daiwa Capital Markets initiated coverage on Snowflake in a report on Tuesday
They set a "buy" rating and a $210.00 target price for the company
Piper Sandler dropped their target price on shares of Snowflake from $215.00 to $175.00 and set an "overweight" rating for the company in a research report on Wednesday
DA Davidson reduced their price target on shares of Snowflake from $225.00 to $200.00 and set a "buy" rating on the stock in a research report on Monday
Ten analysts have rated the stock with a hold rating
the company has a consensus rating of "Moderate Buy" and an average price target of $200.28
View Our Latest Stock Report on Snowflake
7.80% of the stock is currently owned by corporate insiders
SNOW stock traded up $0.21 during trading on Monday
2,493,546 shares of the stock traded hands
The business's 50 day moving average price is $153.46 and its 200-day moving average price is $157.49
The company has a debt-to-equity ratio of 0.77
a current ratio of 1.88 and a quick ratio of 1.88
The firm has a market capitalization of $55.41 billion
ShareSaveCommentInnovationAISnowflake CEO Says AI ROI Starts With Getting The Data RightByKolawole Samuel Adebayo
Forbes contributors publish independent expert analyses and insights
I write about the economics of AI.Follow AuthorApr 16
11:00am EDTShareSaveCommentSridhar Ramaswamy- Snowflake CEO (Photo Credit- Snowflake)
Everyone wants AI that works like magic
“AI should not be a Big Bang,” the Snowflake CEO told me in a sit-down
“It should be a series of little projects that show value every step of the way.” But as Ramaswamy noted
Ramaswamy laid out a simple but radical roadmap for enterprise AI
“Don’t start with flashy demos or massive model investments,” he said
Ask 10 vendors to define “agentic AI” and you’ll likely get 10 different answers
But when I asked Ramaswamy what he really thought about agentic AI
his response was that we must move past semantics into doing actual work that makes AI work indeed
What Ramaswamy sees is the growing desire for AI that not only retrieves and summarizes
From automating pre-meeting research to updating internal systems
agentic AI promises to reduce the time humans spend stitching data across platforms
But that only works if the data is accessible
connected and trustworthy in the first place
“Step one is making information easier to access,” he explained
Step three is chaining those components together
he warned that enterprises can’t skip the groundwork
That’s one important message that industry experts are starting to propagate across the industry today
especially since it’s easy to think of AI as a magical wand that just makes all your problems disappear
“the potential of AI can be tapped only when it is thoughtfully merged into the very core of the organisation’s functions.”
As companies scramble to keep pace with AI trends
many make a costly misstep: starting with the model instead of the mission
Snowflake’s own internal example — a lightweight chat interface for its sales enablement content — is a case in point
“It didn’t cost a lot of money to build,” Ramaswamy said
That told us we were onto something worth growing.”
The phrase “AI is only as good as its data” gets repeated often
But what does that actually mean for the modern enterprise
where more than 100 SaaS apps are in use across the company
the answer is that unless your data is unified
What that implies is that you can’t successfully deploy AI or extract actual value from your AI projects
you can’t even run a proper dashboard without integrating data from different sources — like Workday
”you definitely can’t build a useful AI application.”
The challenge is deeper than business intelligence
Most external tools like ChatGPT or Gemini have no access to a company’s internal systems
They can’t pull consumption metrics or sales rep activity unless those systems are centralized and accessible
“That’s why data readiness isn’t just a technical project,” he noted
“It’s the foundation of whether your AI investments will even work.”
Ramaswamy believes that AI will redefine how SaaS tools function at a core level
“Most SaaS applications were built to help humans be more efficient,” he explained
“But the future is software that can actually handle a good chunk of the work itself.”
That shift — from decision support to decision execution — is why BI tools
dashboards and even customer support platforms will evolve rapidly
the number of people who can directly query business data will expand beyond analysts and data teams
“This technology will let anyone who understands the business ask questions,” he said
Instead, he talked about malleability — the mindset to experiment, stay curious and question AI’s output.
“It’s the ability to understand what’s possible and what’s fanciful,” he said. “To try new things, but also to be critical when something doesn’t look right. That’s more important than any single technical skill.”
It’s also how Ramaswamy stays grounded. He still tests AI agents personally, building simple use cases just to keep his intuition sharp.
“You need to live and breathe this stuff,” he noted. “It’s the only way to separate hype from reality.”
As Snowflake doubles down on being an end-to-end data and AI platform — not just a warehouse — Ramaswamy sees clarity in its role.
“In a world where AI is thriving, Snowflake will thrive,” he said. “Because we are the layer underneath that powers this data access.”
The future may belong to agentic AI, outcome-first SaaS and open-source pressure on inference pricing. But none of that matters if enterprises can’t get their data act together. The AI promise begins — and sometimes ends — with what you feed it.
ready-to-use data directly from thousands of data sets and apps via Snowflake Marketplace—all without having to build pipelines.
then execute with Snowflake’s multi-cluster compute
No separate infrastructure required.
streaming and batch systems are typically complex to manage and costly to scale
But Snowflake keeps things simple by handling both streaming and batch data ingestion and transformation in a single system.
Stream row-set data in near real time with single-digit latency using Snowpipe Streaming
Both options are serverless for better scalability and cost-efficiency
you can use SQL or Python to declaratively define data transformations
Snowflake will manage the dependencies and automatically materialize results based on your freshness targets
Dynamic Tables can operate only on data that has changed since the last refresh to make high data volumes and complex pipelines simpler and more cost-efficient
you can easily adapt by making a batch pipeline into a streaming pipeline with a single latency parameter change
Bring your workloads to the data to streamline pipeline architecture and eliminate the need for separate infrastructure.
Bring your code to the data to fuel a variety of business needs—from accelerating analytics to building apps to unleashing the power of generative AI and LLMs
this code can be in whichever language you prefer
Run Python and other programming code next to your data in Snowflake to build data pipelines
Automatically push down processing in multi-lingual runtimes built right into Snowflake’s elastic compute engine
you’ll have a vast network of data and applications at your fingertips
Easily access and distribute data and applications with direct access to live data sets from Snowflake Marketplace
simply use Snowflake’s native connectors to bring data in frictionlessly
By migrating to Snowpark for their data engineering needs, Openstore now processes 20x more data while reducing operational burden and achieving 100% PySpark code parity.
Reduction in engineering maintenance hours required
All the data engineering resources you need to build pipelines with Snowflake.
Get up and running quickly with Snowflake tutorials for data engineering.
Virtual Hands-On LabJoin an instructor-led, virtual hands-on lab to learn how to build data pipelines with Snowflake.
Start your 30-DayFree TrialTry Snowflake free for 30 days and experience the AI Data Cloud that helps eliminate the complexity
1Data Source: Snowpark customer results
Build powerful streaming and batch data pipelines in SQL or Python
apps and analytics and see 4.6x faster performance while maintaining full governance and control
Build streaming and batch data pipelines on a single platform with the power of declarative pipelines and cost-efficient incremental refresh.
By migrating to Snowpark for their data engineering needs
Openstore now processes 20x more data while reducing operational burden and achieving 100% PySpark code parity
All the data engineering resources you need to build pipelines with Snowflake
Get up and running quickly with Snowflake tutorials for data engineering
virtual hands-on lab to learn how to build data pipelines with Snowflake
1Data Source: Snowpark customer results
the next iteration of our frontier embedding models
While our previous releases have been well received by our customers
we have consistently received one request: Can you make this model multilingual
Arctic Embed 2.0 builds on the robust foundation of our previous releases
adding multilingual support without sacrificing English performance or scalability
to address the needs of an even broader user base that spans a wide range of languages and applications
Single-vector dense retrieval performance of open source multilingual embedding models with fewer than 1B parameters
Scores are average nDCG@10 on MTEB Retrieval and the subset of CLEF (ELRA
By carefully balancing multilingual needs with Snowflake’s commitment to excellence in English retrieval
we built Arctic Embed 2.0 to be a universal workhorse
useful for a wide range of global use cases
all qualitative evaluations refer to the average NDCG@10 score across tasks
the Arctic Embed 2.0 models are released under the permissive Apache 2.0 license
these models support applications across verticals with reliable
multilingual embeddings that generalize well
We hypothesize that some earlier open source model developers may have inadvertently tuned their training recipes too aggressively toward improved MIRACL performance at the cost of generality
possibly by overfitting the MIRACL training data
For more details about how the Arctic Embed 2.0 models were trained and what we learned in the process
look out for the forthcoming technical report
As seen in Tables 2 and 3, several popular open source models score on par with Arctic Embed L 2.0 on the in-domain MIRACL evaluation but fall short on the out-of-domain CLEF evaluation
We also benchmarked popular closed-source models like OpenAI’s text-embedding-3-large model and found that Arctic L 2.0’s performance is in line with leading proprietary models
As seen in Table 4, existing open source multilingual models also score worse than Arctic Embed L 2.0 on the popular English-language MTEB Retrieval benchmark
forcing users who seek to support multiple languages to choose between lower English-retrieval quality or more operational complexity from using a second model just for English retrieval
practitioners are now able to switch to a single open source model without sacrificing English-language retrieval quality
A comparison of several top open and closed source multilingual retrieval models on the in-domain MTEB Retrieval Benchmark
Snowflake continues to prioritize efficiency and scale in its embedding model design. With Arctic Embed L 2.0
users can pack the quality characteristic of larger models into compact embeddings requiring as little as 128 bytes per vector for storage
This makes it possible to serve retrieval over millions of documents at a lower cost on low-end hardware
We achieve efficiency in embedding throughput as well by squeezing Arctic Embed 2.0’s impressive retrieval quality into just over 100M and 300M non-embedding parameters in its two sizes (medium and large) respectively — just a slight increase from our earlier English-only versions
Indeed, the scale-focused regime is where Arctic Embed L 2.0 truly shines, achieving better quality under compression than other MRL-trained models, such as OpenAI’s text-embedding-3-large.
Table 5. A comparison of OpenAI’s text-embedding-3-large performance with truncated embeddings compared to Arctic Embed L 2.0 on English only (MTEB Retrieval) and multilingual (CLEF).
With Arctic Embed 2.0, Snowflake sets a new standard for multilingual, efficient embedding models. Additionally, we make the frontier of text-embedding quality not only efficient but permissively open sourced as well. Whether your goal is to expand reach to multilingual users, reduce storage costs or embed documents on accessible hardware, Arctic Embed 2.0 offers capabilities and flexibility to meet your needs.
Our soon-to-be-released technical report will dive deeper into the innovations behind Arctic Embed 2.0. In the meantime, we invite you to start embedding with Snowflake today.
1 This calculation uses float32 format for the uncompressed baseline, i.e. 3,072 numbers of 32 bits each for a total of 98,304 bits per vector, exactly 96x larger than the 1,024 bits per vector (equivalent to 128 bytes per vector) used when storing MRL-truncated 256-dimensional vectors from the Arctic Embed 2.0 models in int4 format.
Snowflake is excited to announce the release of Arctic Embed L 2.0 and Arctic Embed M 2.0
As seen in Tables 2 and 3, several popular open source models score on par with Arctic Embed L 2.0 on the in-domain MIRACL evaluation but fall short on the out-of-domain CLEF evaluation
As seen in Table 4, existing open source multilingual models also score worse than Arctic Embed L 2.0 on the popular English-language MTEB Retrieval benchmark
Snowflake continues to prioritize efficiency and scale in its embedding model design. With Arctic Embed L 2.0
Indeed, the scale-focused regime is where Arctic Embed L 2.0 truly shines
achieving better quality under compression than other MRL-trained models
A comparison of OpenAI’s text-embedding-3-large performance with truncated embeddings compared to Arctic Embed L 2.0 on English only (MTEB Retrieval) and multilingual (CLEF)
Snowflake sets a new standard for multilingual
we make the frontier of text-embedding quality not only efficient but permissively open sourced as well
Whether your goal is to expand reach to multilingual users
reduce storage costs or embed documents on accessible hardware
Arctic Embed 2.0 offers capabilities and flexibility to meet your needs
Our soon-to-be-released technical report will dive deeper into the innovations behind Arctic Embed 2.0
we invite you to start embedding with Snowflake today
1 This calculation uses float32 format for the uncompressed baseline
3,072 numbers of 32 bits each for a total of 98,304 bits per vector
exactly 96x larger than the 1,024 bits per vector (equivalent to 128 bytes per vector) used when storing MRL-truncated 256-dimensional vectors from the Arctic Embed 2.0 models in int4 format
BlueCrest Capital Management Ltd bought a new position in Snowflake Inc. (NYSE:SNOW - Free Report) during the 4th quarter
according to its most recent Form 13F filing with the Securities & Exchange Commission
The fund bought 9,200 shares of the company's stock
Other institutional investors and hedge funds have also bought and sold shares of the company
Eagle Strategies LLC purchased a new stake in shares of Snowflake during the fourth quarter valued at $878,000
Freestone Grove Partners LP bought a new stake in shares of Snowflake in the fourth quarter worth approximately $49,072,000
Triumph Capital Management raised its holdings in shares of Snowflake by 30.3% during the fourth quarter
Triumph Capital Management now owns 7,706 shares of the company's stock valued at $1,190,000 after purchasing an additional 1,791 shares during the last quarter
Comerica Bank grew its holdings in shares of Snowflake by 3.9% in the fourth quarter
Comerica Bank now owns 20,763 shares of the company's stock worth $3,206,000 after acquiring an additional 781 shares during the period
Utah Retirement Systems boosted its position in Snowflake by 0.3% in the fourth quarter
Utah Retirement Systems now owns 33,922 shares of the company's stock worth $5,238,000 after purchasing an additional 100 shares during the last quarter
65.10% of the stock is currently owned by institutional investors
Cantor Fitzgerald reiterated an "overweight" rating and issued a $183.00 price target on shares of Snowflake in a research report on Wednesday
Barclays boosted their price objective on Snowflake from $190.00 to $203.00 and gave the company an "overweight" rating in a research note on Thursday
Bank of America lifted their target price on shares of Snowflake from $185.00 to $205.00 and gave the company a "neutral" rating in a research note on Thursday
UBS Group boosted their price objective on Snowflake from $190.00 to $200.00 and gave the company a "neutral" rating in a research report on Thursday
Canaccord Genuity Group boosted their price target on Snowflake from $190.00 to $220.00 and gave the stock a "buy" rating in a report on Tuesday
twenty-nine have given a buy rating and two have issued a strong buy rating to the company
the stock currently has an average rating of "Moderate Buy" and a consensus target price of $200.28
View Our Latest Stock Analysis on Snowflake
The company had a trading volume of 2,492,670 shares
compared to its average volume of 6,399,825
a price-to-earnings ratio of -49.52 and a beta of 1.11
The firm has a fifty day simple moving average of $153.46 and a 200 day simple moving average of $157.49
has a fifty-two week low of $107.13 and a fifty-two week high of $194.40
a quick ratio of 1.88 and a current ratio of 1.88
insiders have sold 361,560 shares of company stock worth $59,253,850
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Bienville Capital Management LLC reduced its position in Snowflake Inc. (NYSE:SNOW - Free Report) by 50.9% in the fourth quarter
The fund owned 46,578 shares of the company's stock after selling 48,217 shares during the period
Snowflake comprises approximately 1.8% of Bienville Capital Management LLC's holdings
making the stock its 22nd largest position
Bienville Capital Management LLC's holdings in Snowflake were worth $7,192,000 at the end of the most recent quarter
Several other institutional investors also recently modified their holdings of SNOW
Norges Bank bought a new stake in Snowflake during the fourth quarter valued at approximately $988,950,000
GQG Partners LLC bought a new stake in Snowflake during the fourth quarter valued at about $750,572,000
Jennison Associates LLC increased its position in Snowflake by 92.2% in the fourth quarter
Jennison Associates LLC now owns 7,637,006 shares of the company's stock worth $1,179,230,000 after buying an additional 3,662,671 shares in the last quarter
FMR LLC raised its stake in shares of Snowflake by 84.9% in the fourth quarter
FMR LLC now owns 6,108,123 shares of the company's stock worth $943,155,000 after buying an additional 2,805,425 shares during the period
MD grew its stake in shares of Snowflake by 124.4% during the 4th quarter
MD now owns 3,968,755 shares of the company's stock valued at $612,817,000 after acquiring an additional 2,200,406 shares during the period
65.10% of the stock is owned by hedge funds and other institutional investors
Shares of NYSE:SNOW traded up $0.21 during trading hours on Monday
The stock had a trading volume of 2,493,546 shares
has a 1 year low of $107.13 and a 1 year high of $194.40
The firm's 50 day moving average is $153.46 and its 200-day moving average is $157.49
Several brokerages have weighed in on SNOW
Jefferies Financial Group lowered their price target on shares of Snowflake from $220.00 to $190.00 and set a "buy" rating on the stock in a report on Monday
Cantor Fitzgerald reissued an "overweight" rating and set a $183.00 price target on shares of Snowflake in a report on Wednesday
Royal Bank of Canada upped their price objective on Snowflake from $210.00 to $221.00 and gave the stock an "outperform" rating in a research note on Thursday
BTIG Research raised Snowflake from a "neutral" rating to a "buy" rating and set a $220.00 price target on the stock in a report on Thursday
Macquarie began coverage on Snowflake in a research note on Wednesday
They issued a "neutral" rating and a $160.00 price target for the company
twenty-nine have assigned a buy rating and two have assigned a strong buy rating to the company's stock
the stock presently has an average rating of "Moderate Buy" and a consensus target price of $200.28
Get Our Latest Report on Snowflake
Insiders have sold 371,963 shares of company stock valued at $61,001,558 over the last quarter
With the proliferation of data centers and electric vehicles
the electric grid will only get more strained
Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow
The actor appears in a series of commercials for Salesforce (CRM) , including one where McConaughey is seated at a restaurant's outdoor patio in the pouring rain because a booking app without an AI agent handled his preferences
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It was looking bad for the star of "The Wolf of Wall Street," "True Detective" and "The Lincoln Lawyer," but fortunately fellow actor Woody Harrelson offers McConaughey a seat at his much drier table across the street
While McConaughey escaped the rotten weather, analysts sees dark clouds on the horizon for the software sector, a list that includes such names as Salesforce, data analytics software company Snowflake (SNOW) and e-commerce giant Amazon (AMZN)
DA Davidson analyst Gil Luria lowered the firm's price target on Salesforce to $250 from $275 and affirmed a neutral rating on the shares
He pared his price target on Snowflake to $200 from $225 and maintained a buy rating
Analysts recently revised their price target for the firm's shares
Bloomberg/Getty Images
The price target revisions are part of a broader research note updating estimates within the firm's coverage of the software group
Software and services from Salesforce and Snowflake both sit in the cloud and focus on data management
Salesforce is primarily a customer relationship management platform
while Snowflake is a data warehouse that offers scalable and secure data storage for analytics
DA Davidson: Weaker economic growth aheadDA Davidson said that it was now assuming a base case of one or two quarters of negative GDP in the US this year
which would translate to lower growth and has already translated to lower valuations
The firm noted that regardless of how the current tariff regime plays out
it sees consumer activity and corporate investment slowing
The tech sector was excluded from President Donald Trump's sweeping tariff agenda, but Commerce Secretary Howard Lutnick said the plan to exempt electronic devices — like smartphones
iPhones and laptops — from tariffs was a temporary reprieve and these products would face separate levies
the Trump administration is reportedly kicking off investigations into imports of pharmaceuticals and semiconductors as part of a bid to impose tariffs on both sectors on national security grounds
citing notices posted to the Federal Register
DA Davidson also cut its price target on Amazon to $230 from $280 and kept a buy rating on the shares
Amazon is reportedly reaching out directly to sellers for input on how Trump’s tariffs are affecting their businesses, suggesting the e-commerce giant is gathering data as sellers rethink pricing, inventory and more, according to Modern Retail
Analyst cites dense fog in current economy Meanwhile
Wedbush analysts were also pulling back on their forecasts due to tariff concerns and sagging consumer confidence
significant uncertainty has been introduced to the economy given ongoing macro concerns
and weaker consumer confidence levels both in the US and internationally," the firm said in an April 15 note about the internet sector
Wedbush said the tech-heavy Nasdaq was down about 13% year-to-date and the dollar had depreciated since management teams last provided guidance
“implying a potential tailwind to first-half 2025 results for several global companies under our coverage.”
Early first-quarter earnings reports from retailers contemplate a more cautious consumer in the US
and certain travel operators have pulled full-year guidance
recent corporate commentary has been consistent with the neutral / negative sentiment we observed in our latest consumer internet and digital advertising surveys," Wedbush said
"reflecting limited visibility into current economic conditions
and capturing the potential implications of a weaker demand environment."
"We will continue to monitor the situation and revise estimates further as we hear from management teams in the coming weeks to gain better clarity than the current dense fog," Wedbush analysts said
president of Wells Fargo Investment Institute
said that equity prices started the week on a high note as the countertrend rally was holding with limited news over the weekend and Monday
“We believe the combined weight of universal, reciprocal, retaliatory, and sector-specific tariffs ultimately will decide between recession and no recession but that the final tariff menu remains unsettled," Cronk said in a research note.
The analyst said the firm saw this as an opportunity for long-term investors to add exposure to high-quality U.S
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AWS’s container-optimized operating system
emerged as the ideal candidate to address these challenges
The migration was executed in a phased manner to minimize risks and ensure stability
The migration began with cluster preparation. Bottlerocket AMIs were integrated into the EKS environment by modifying the NodePool and NodeClass configurations to use Bottlerocket as the default AMI family
AWS Identity and Access Management (IAM) policies were optimized to align with Bottlerocket’s security model
following the principle of least privilege
This architectural diagram visualizes the migration strategy:
Karpenter deployment replaced the traditional static provisioning approach, enabling just-in-time node provisioning. Workload validation followed, with the staging environment used to test workloads on Bottlerocket nodes before production rollout. Performance monitoring was implemented using Fluentd and Datadog to track real-time metrics
and security compliance tests ensured that Bottlerocket’s immutable infrastructure aligned with Snowflake Corporate’s security policies
and categories were used to ensure optimal workload distribution
A gradual introduction of Bottlerocket nodes ensured workloads transitioned smoothly alongside existing AL2 instances
Node cordoning and draining helped decommission AL2 instances without service interruptions
enhanced monitoring and optimization were implemented
Automated scaling with Karpenter dynamically adjusted the cluster’s node pool
Performance tuning was conducted based on real-world workloads
and observability improvements provided insights into system health
Example of defining a NodeClass and associating it with a NodePool:
the migration process presented challenges
Some workloads initially experienced incompatibilities with Bottlerocket’s immutable filesystem
This was resolved by modifying application images to be fully container-compliant and leveraging read-only configurations where applicable
Bottlerocket required reconfiguring IAM roles to align with its security model
which was resolved by implementing fine-grained access controls and leveraging Karpenter’s IAM integration
ensuring that application performance remained stable before fully decommissioning AL2 nodes
The migration delivered substantial improvements in security
Security was enhanced with immutable nodes preventing unauthorized changes and eliminating configuration drift
atomic updates ensured nodes remained securely patched without downtime
Faster node boot times were achieved with optimized node startup
reducing the time required for new nodes to join the cluster
and improved autoscaling efficiency ensured workloads were rescheduled quickly
Operational efficiency was improved with dynamic scaling by Karpenter
ensuring resources were provisioned only when needed
Cost savings were realized through Bottlerocket’s lightweight OS and Karpenter’s intelligent provisioning
Bottlerocket consistently demonstrated faster node readiness
Preliminary benchmarks showed that Bottlerocket reduced node readiness time by approximately 5 seconds compared to AL2
The native container image caching shaved off about 36 seconds per pod on a fresh node
making unschedulable pods approximately 40 seconds faster compared to AL2
A direct comparison of security improvements highlights why Bottlerocket was the superior choice:
with Bottlerocket’s immutable design strengthening Snowflake Corporate’s security posture
as Karpenter’s real-time scaling eliminated manual interventions
and phased rollouts allowed for fine-tuning configurations without production impact
Snowflake Corporate not only enhanced its security posture but also achieved performance improvements through dynamic scaling
underscoring the power of modern cloud-native solutions in enabling high-performance
Sameeksha is a Technical Account Manager at AWS committed to accelerate the cloud journey for AWS Global Enterprise customers
She has 7+ years of industry experience across cloud security
cloud infrastructure management and customer advocacy
She is passionate about cloud security technologies and strives to help customers secure their workloads in the cloud
Gaurav Singodia is a high-tech engineering leader at Snowflake with a proven track record of driving innovation and growth through an entrepreneurial mindset
He currently leads a diverse global organization encompassing SRE
with a strong focus on maintaining high quality and achieving scalability across all domains
Jagdish Pawar has over 18 years of leadership experience across technology startups
His expertise includes building and leading cross-functional teams
RK Sai (Ravikiran Koduri) is an Enterprise Support Lead at AWS
he helps Independent Software Vendors (ISVs) operationalize workloads at scale
RK Sai is an evangelist for AWS Deep Racer
he strives to concretize an abstract sense of fulfillment
Sayan Moitra is a Senior DevOps engineer who specializes in cloud engineering
specializing in deploying infrastructure and applications
He holds multiple AWS certifications and CKAD
with recognized expertise in serverless computing
He's passionate about continuous learning and solving complex problems
Schonfeld Strategic Advisors LLC lifted its position in Snowflake Inc. (NYSE:SNOW - Free Report) by 335.2% during the fourth quarter
according to its most recent 13F filing with the Securities and Exchange Commission (SEC)
The firm owned 49,259 shares of the company's stock after acquiring an additional 37,940 shares during the period
Schonfeld Strategic Advisors LLC's holdings in Snowflake were worth $7,606,000 at the end of the most recent quarter
Several other hedge funds and other institutional investors have also bought and sold shares of SNOW
Norges Bank acquired a new stake in Snowflake in the fourth quarter worth $988,950,000
GQG Partners LLC bought a new stake in shares of Snowflake in the 4th quarter valued at $750,572,000
Jennison Associates LLC raised its stake in Snowflake by 92.2% during the 4th quarter
Jennison Associates LLC now owns 7,637,006 shares of the company's stock worth $1,179,230,000 after buying an additional 3,662,671 shares during the period
FMR LLC lifted its holdings in Snowflake by 84.9% during the fourth quarter
FMR LLC now owns 6,108,123 shares of the company's stock worth $943,155,000 after acquiring an additional 2,805,425 shares in the last quarter
MD grew its stake in Snowflake by 124.4% in the fourth quarter
Institutional investors own 65.10% of the company's stock
Several research firms have recently weighed in on SNOW
Truist Financial cut their price objective on Snowflake from $225.00 to $210.00 and set a "buy" rating on the stock in a report on Monday
Needham & Company LLC lifted their price target on shares of Snowflake from $200.00 to $215.00 and gave the company a "buy" rating in a research note on Thursday
Jefferies Financial Group lowered their price objective on shares of Snowflake from $220.00 to $190.00 and set a "buy" rating for the company in a research report on Monday
Mizuho boosted their price objective on shares of Snowflake from $195.00 to $205.00 and gave the company an "outperform" rating in a research report on Wednesday
Daiwa Capital Markets began coverage on shares of Snowflake in a research note on Tuesday
They issued a "buy" rating and a $210.00 target price for the company
twenty-nine have given a buy rating and two have assigned a strong buy rating to the stock
Snowflake presently has a consensus rating of "Moderate Buy" and an average price target of $200.28
Read Our Latest Stock Analysis on Snowflake
NYSE:SNOW traded up $0.21 during mid-day trading on Monday
2,493,546 shares of the stock were exchanged
compared to its average volume of 6,399,829
The firm's 50-day simple moving average is $153.46 and its 200 day simple moving average is $157.49
insiders sold 361,560 shares of company stock valued at $59,253,850
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Generative AI is changing the demands on our data platforms
Enterprises need a platform that is easy to use and scalable
maintenance and performance improvements that help them launch projects and products faster
Snowflake commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study to find the potential ROI enterprises may get by deploying Snowflake
They spoke with four Snowflake customers and found:
Forrester Consulting study commissioned by Snowflake
Northern Trust Corp increased its position in Snowflake Inc. (NYSE:SNOW - Free Report) by 18.0% in the fourth quarter
according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC)
The fund owned 2,141,468 shares of the company's stock after buying an additional 326,104 shares during the period
Northern Trust Corp owned about 0.65% of Snowflake worth $330,664,000 as of its most recent SEC filing
Several other institutional investors and hedge funds have also modified their holdings of SNOW
increased its holdings in shares of Snowflake by 47.4% during the 3rd quarter
now owns 12,344 shares of the company's stock worth $1,438,000 after buying an additional 3,971 shares during the last quarter
Wilmington Savings Fund Society FSB raised its holdings in shares of Snowflake by 50.3% in the 3rd quarter
Wilmington Savings Fund Society FSB now owns 4,659 shares of the company's stock worth $535,000 after purchasing an additional 1,559 shares during the period
Blankinship & Foster LLC purchased a new stake in shares of Snowflake during the 3rd quarter worth about $896,000
Synovus Financial Corp increased its position in Snowflake by 28.6% during the 3rd quarter
Synovus Financial Corp now owns 6,077 shares of the company's stock worth $698,000 after purchasing an additional 1,352 shares in the last quarter
raised its holdings in Snowflake by 1.4% in the third quarter
now owns 536,588 shares of the company's stock valued at $66,086,000 after buying an additional 7,373 shares during the period
Shares of Snowflake stock traded up $0.21 during trading on Monday
The stock had a trading volume of 1,839,684 shares
compared to its average volume of 6,398,740
The business has a fifty day moving average of $153.46 and a two-hundred day moving average of $157.49
The firm has a market cap of $55.41 billion
Several equities research analysts have recently issued reports on the stock
Piper Sandler dropped their price objective on shares of Snowflake from $215.00 to $175.00 and set an "overweight" rating for the company in a research report on Wednesday
Cantor Fitzgerald restated an "overweight" rating and set a $183.00 price objective on shares of Snowflake in a research note on Wednesday
KeyCorp lowered their target price on Snowflake from $220.00 to $192.00 and set an "overweight" rating for the company in a research note on Thursday
Barclays increased their price objective on shares of Snowflake from $190.00 to $203.00 and gave the company an "overweight" rating in a research report on Thursday
Stifel Nicolaus boosted their target price on shares of Snowflake from $187.00 to $210.00 and gave the stock a "buy" rating in a research report on Thursday
twenty-nine have issued a buy rating and two have issued a strong buy rating to the company
Snowflake currently has an average rating of "Moderate Buy" and an average target price of $200.28
Read Our Latest Stock Report on SNOW
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Days to build a new AI summarization model
As one of the corporation’s key business units, Penske Logistics offers dedicated contract carriage, warehousing, transportation management and customized supply chain solutions to customers around the globe. With so many constantly moving parts, data is central to Penske Logistics, playing a critical role in optimizing routes, ensuring the seamless flow of goods and reducing disruptions.
The organization needed a way to manage all its performance indicators in a seamless, scalable way while creating a solid foundation on which to build new AI innovations. Thanks to Snowflake’s robust data platform and the generative AI capabilities through Cortex AI, Penske Logistics has now consolidated all performance indicators while successfully launching generative AI projects that have improved employee productivity and performance.
Robust reporting for better decision-making: Thanks to the scalability and automation of the Snowflake platform, Penske now equips its leaders with rich reports spanning years for data comparisons in a matter of minutes.
Easy, efficient and trusted gen AI: After trying to gain traction with gen AI for a year, Penske found near-immediate success with Cortex AI thanks to its simplicity, ease of implementation and built-in security.
Penske Logistics is no stranger to driving competitive advantage through data. It was an early adopter of data science to enhance fleet operations and customer service, and the company was among the first to integrate electronic logging and telematics devices into its trucks to better understand driving data and improve safety and service levels.
To improve data capabilities, the data science team needed to move to a cloud-based, data lake-driven solution. Snowflake’s ease of use, scalability and built-in data science functionality quickly won the team over compared with competitors. Snowflake's platform-agnostic capabilities allowed the company to overcome the limitations of on-premises systems and achieve a broader view of the organization.
“Snowflake has become a critical part of all that we do — not just for my team, but also for other teams in the organization. We have really benefited from the relationship and support from Snowflake’s team.”
The leadership team now uses these reports to gain critical data insights and make more informed decisions. Every department of Penske Logistics makes use of data science through Snowflake, from operations to human resources. Data scientists spend less time accessing data, and Snowflake helps them create repeatable processes for handling and analyzing the data, improving consistency and productivity.
“The efficiency we’ve gained with Snowflake has enabled us to grow faster. Based on our success, other areas of the Penske organization are also looking at ways they could leverage Snowflake.”
As an added bonus, Ram says, Snowflake has become an incentive for potential prospects looking to join his team: “For data scientists, Snowflake makes our jobs much easier.”
In keeping with its early tech adopter roots, Penske Logistics’ leaders wanted to harness the benefits of generative AI for their operations. To help provide managers with a comprehensive view of performance indicators, the data science team explored various AI solutions that could analyze and consolidate data to look for trends and proactively raise awareness to spark conversation.
Snowflake Cortex AI solved these challenges. Because it hosts and serves large language models (LLMs) within Snowflake’s governed perimeter, Cortex AI made it easy and cost-effective for the team to securely bring LLMs to their data — without requiring additional approvals or investment for new AI vendors.
“The game-changer in Snowflake Cortex AI is its simplicity and ease of implementation. Our data already sits in Snowflake, so we can make use of the LLMs without needing to use anything external. Everything is already set up for us. And the models are maintained and updated for us, ensuring their safety and security.”
Safety, performance and retention are paramount for Penske Logistics. Managers aim to improve these areas with personalized insights and recommendations to their teams informed by massive amounts of data. However, insights from this data were not easily accessible and analysis was a manual process to parse through nearly 30 data columns in a dashboard.
Now, Penske uses LLMs in Cortex AI to process performance indicators in record time and produce relative talking points and recommendations for each associate. These insights allow managers to guide conversations with more clarity, precision and actionable next steps.
Since rolling out the solution, managers are enjoying productivity gains from reading a comprehensive paragraph, eliminating multiple sources and columns of data. The company is already seeing improvements in associate performance, safety and retention.
“A lot of organizations right now are struggling with whether generative AI is worth the expense and risk. Snowflake Cortex AI provides a solution that doesn’t require initial investment or risk, and that’s what has made our gen AI projects successful.”
Penske turned to Snowflake’s AI platform to easily and securely harness the power of generative AI — delivering operational efficiency and improving associate safety and retention across two product lines
Penske is a global leader in supply chain and logistics solutions
Whether they’re coordinating a critical shipment or designing an entire network
businesses rely on Penske’s top-notch services daily for timely deliveries with flawless execution.
As one of the corporation’s key business units
Penske Logistics offers dedicated contract carriage
transportation management and customized supply chain solutions to customers around the globe
playing a critical role in optimizing routes
ensuring the seamless flow of goods and reducing disruptions.
The organization needed a way to manage all its performance indicators in a seamless
scalable way while creating a solid foundation on which to build new AI innovations
Thanks to Snowflake’s robust data platform and the generative AI capabilities through Cortex AI
Penske Logistics has now consolidated all performance indicators while successfully launching generative AI projects that have improved employee productivity and performance
Robust reporting for better decision-making: Thanks to the scalability and automation of the Snowflake platform
Penske now equips its leaders with rich reports spanning years for data comparisons in a matter of minutes.
efficient and trusted gen AI: After trying to gain traction with gen AI for a year
Penske found near-immediate success with Cortex AI thanks to its simplicity
ease of implementation and built-in security.
Penske Logistics is no stranger to driving competitive advantage through data
It was an early adopter of data science to enhance fleet operations and customer service
and the company was among the first to integrate electronic logging and telematics devices into its trucks to better understand driving data and improve safety and service levels.
Penske logs performance data across different sources
the company found it challenging to effectively use this data due to limitations with its on-premises data solutions
Reporting processes didn’t provide leadership with accessible visibility across the organization
while business analysts relied on other departments to create business intelligence reports
The reporting tool was limited to running in one or two locations using just a month’s worth of data — and would crash if used for extended periods.
the data science team needed to move to a cloud-based
scalability and built-in data science functionality quickly won the team over compared with competitors
Snowflake's platform-agnostic capabilities allowed the company to overcome the limitations of on-premises systems and achieve a broader view of the organization
Penske Logistics has centralized data in a secure environment
scaled its infrastructure to improve performance
and immediately improved its reporting capabilities
business analysts create BI reports with companywide data spanning five years in just 15 minutes
analysts can use certified self-service tools like Tableau to build their own reports
This has freed up the data engineering and analytics teams to focus on expanding service delivery and building out more value-driven features and capabilities.
The leadership team now uses these reports to gain critical data insights and make more informed decisions
Every department of Penske Logistics makes use of data science through Snowflake
Data scientists spend less time accessing data
and Snowflake helps them create repeatable processes for handling and analyzing the data
Snowflake has become an incentive for potential prospects looking to join his team: “For data scientists
In keeping with its early tech adopter roots
Penske Logistics’ leaders wanted to harness the benefits of generative AI for their operations
To help provide managers with a comprehensive view of performance indicators
the data science team explored various AI solutions that could analyze and consolidate data to look for trends and proactively raise awareness to spark conversation
Snowflake Cortex AI solved these challenges
Because it hosts and serves large language models (LLMs) within Snowflake’s governed perimeter
Cortex AI made it easy and cost-effective for the team to securely bring LLMs to their data — without requiring additional approvals or investment for new AI vendors
performance and retention are paramount for Penske Logistics
Managers aim to improve these areas with personalized insights and recommendations to their teams informed by massive amounts of data
insights from this data were not easily accessible and analysis was a manual process to parse through nearly 30 data columns in a dashboard
Penske uses LLMs in Cortex AI to process performance indicators in record time and produce relative talking points and recommendations for each associate
These insights allow managers to guide conversations with more clarity
managers are enjoying productivity gains from reading a comprehensive paragraph
eliminating multiple sources and columns of data
The company is already seeing improvements in associate performance
Penske Logistics plans to integrate Cortex AI’s capabilities into more areas of the business to supplement performance interactions and improve insights
Machine learning models drive several list-oriented processes in the organization
including getting feedback from warehouse associates
and the data science team will use LLMs to enhance sentiment analysis
the team plans to implement Document AI to automatically extract data from handwritten and printed logbooks
improving operational efficiency and data accuracy
Freestone Grove Partners LP bought a new position in Snowflake Inc. (NYSE:SNOW - Free Report) during the fourth quarter
according to the company in its most recent 13F filing with the SEC
The fund bought 317,801 shares of the company's stock
Freestone Grove Partners LP owned about 0.10% of Snowflake as of its most recent SEC filing
Stonebridge Financial Group LLC bought a new position in shares of Snowflake during the 4th quarter worth $29,000
Quadrant Capital Group LLC boosted its position in Snowflake by 74.6% during the fourth quarter
Quadrant Capital Group LLC now owns 213 shares of the company's stock worth $33,000 after purchasing an additional 91 shares during the period
Blue Bell Private Wealth Management LLC increased its stake in shares of Snowflake by 189.5% in the fourth quarter
Blue Bell Private Wealth Management LLC now owns 220 shares of the company's stock worth $34,000 after purchasing an additional 144 shares in the last quarter
Perkins Coie Trust Co raised its position in shares of Snowflake by 136.3% in the fourth quarter
Perkins Coie Trust Co now owns 241 shares of the company's stock valued at $37,000 after purchasing an additional 139 shares during the period
lifted its stake in shares of Snowflake by 1,437.5% during the 4th quarter
now owns 246 shares of the company's stock valued at $38,000 after buying an additional 230 shares in the last quarter
65.10% of the stock is owned by institutional investors
Company insiders own 7.80% of the company's stock
Several research firms have issued reports on SNOW
Piper Sandler dropped their target price on Snowflake from $215.00 to $175.00 and set an "overweight" rating on the stock in a research report on Wednesday
DA Davidson lowered their price target on shares of Snowflake from $225.00 to $200.00 and set a "buy" rating on the stock in a report on Monday
Bank of America boosted their price objective on shares of Snowflake from $185.00 to $205.00 and gave the company a "neutral" rating in a research note on Thursday
Macquarie started coverage on shares of Snowflake in a research note on Wednesday
They issued a "neutral" rating and a $160.00 target price on the stock
KeyCorp decreased their price target on shares of Snowflake from $220.00 to $192.00 and set an "overweight" rating on the stock in a report on Thursday
Ten equities research analysts have rated the stock with a hold rating
twenty-nine have given a buy rating and two have given a strong buy rating to the stock
the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $200.28
Get Our Latest Research Report on SNOW
Shares of NYSE:SNOW traded up $0.21 during midday trading on Monday
2,460,238 shares of the company's stock traded hands
compared to its average volume of 6,399,700
has a one year low of $107.13 and a one year high of $194.40
The stock has a 50 day moving average of $153.46 and a 200 day moving average of $157.49
The company has a market cap of $55.41 billion
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Eagle Strategies LLC acquired a new stake in shares of Snowflake Inc. (NYSE:SNOW - Free Report) in the fourth quarter
according to the company in its most recent filing with the SEC
The firm acquired 5,684 shares of the company's stock
Other large investors also recently added to or reduced their stakes in the company
Stonebridge Financial Group LLC bought a new stake in shares of Snowflake in the 4th quarter valued at about $29,000
Quadrant Capital Group LLC boosted its stake in Snowflake by 74.6% in the fourth quarter
Quadrant Capital Group LLC now owns 213 shares of the company's stock valued at $33,000 after acquiring an additional 91 shares in the last quarter
Blue Bell Private Wealth Management LLC grew its holdings in Snowflake by 189.5% in the fourth quarter
Blue Bell Private Wealth Management LLC now owns 220 shares of the company's stock worth $34,000 after purchasing an additional 144 shares during the last quarter
Perkins Coie Trust Co increased its position in shares of Snowflake by 136.3% during the fourth quarter
Perkins Coie Trust Co now owns 241 shares of the company's stock worth $37,000 after purchasing an additional 139 shares in the last quarter
lifted its holdings in shares of Snowflake by 1,437.5% during the 4th quarter
now owns 246 shares of the company's stock valued at $38,000 after purchasing an additional 230 shares during the last quarter
Several research analysts recently issued reports on SNOW shares
Evercore ISI upped their target price on Snowflake from $190.00 to $200.00 and gave the company an "outperform" rating in a research report on Wednesday
Wedbush set a $210.00 price objective on Snowflake in a report on Wednesday
Wells Fargo & Company decreased their price target on Snowflake from $215.00 to $200.00 and set an "overweight" rating for the company in a report on Tuesday
Macquarie began coverage on shares of Snowflake in a research note on Wednesday
They set a "neutral" rating and a $160.00 price objective on the stock
Citigroup raised their price target on shares of Snowflake from $230.00 to $235.00 and gave the company a "buy" rating in a research report on Tuesday
twenty-nine have issued a buy rating and two have given a strong buy rating to the stock
the company has a consensus rating of "Moderate Buy" and a consensus price target of $200.28
Check Out Our Latest Research Report on SNOW
The stock had a trading volume of 2,460,238 shares
compared to its average volume of 6,399,701
a current ratio of 1.88 and a debt-to-equity ratio of 0.77
has a 12 month low of $107.13 and a 12 month high of $194.40
The business's 50-day simple moving average is $153.46 and its 200-day simple moving average is $157.49
Insiders have sold a total of 361,560 shares of company stock worth $59,253,850 over the last 90 days
Insiders own 7.80% of the company's stock
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Stifel Financial Corp lessened its stake in Snowflake Inc. (NYSE:SNOW - Free Report) by 9.4% in the 4th quarter
according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC)
The institutional investor owned 57,422 shares of the company's stock after selling 5,962 shares during the period
Stifel Financial Corp's holdings in Snowflake were worth $8,867,000 as of its most recent filing with the Securities and Exchange Commission (SEC)
Other large investors also recently bought and sold shares of the company
Asset Dedication LLC boosted its position in shares of Snowflake by 6.8% in the 4th quarter
Asset Dedication LLC now owns 922 shares of the company's stock valued at $142,000 after purchasing an additional 59 shares during the period
Breakwater Capital Group boosted its holdings in shares of Snowflake by 2.2% in the fourth quarter
Breakwater Capital Group now owns 2,938 shares of the company's stock valued at $454,000 after acquiring an additional 62 shares during the period
Gabelli Funds LLC grew its position in shares of Snowflake by 3.3% during the fourth quarter
Gabelli Funds LLC now owns 2,050 shares of the company's stock worth $317,000 after acquiring an additional 65 shares during the last quarter
Ltd Zurich increased its holdings in shares of Snowflake by 0.6% in the 4th quarter
Ltd Zurich now owns 12,191 shares of the company's stock valued at $2,077,000 after acquiring an additional 69 shares during the period
Larson Financial Group LLC raised its position in Snowflake by 21.8% in the 4th quarter
Larson Financial Group LLC now owns 413 shares of the company's stock valued at $64,000 after purchasing an additional 74 shares during the last quarter
Institutional investors and hedge funds own 65.10% of the company's stock
Insiders have sold a total of 374,342 shares of company stock worth $61,578,513 in the last three months
twenty-nine have assigned a buy rating and two have assigned a strong buy rating to the company
the company presently has a consensus rating of "Moderate Buy" and an average price target of $200.28
NYSE:SNOW traded up $2.35 during mid-day trading on Friday
The company's stock had a trading volume of 3,331,414 shares
compared to its average volume of 6,415,425
The stock has a market cap of $55.36 billion
The company's fifty day simple moving average is $153.46 and its two-hundred day simple moving average is $157.22
intelligent document processing has been crucial for managing large volumes of documents that need to transition from printed to digital formats
challenges with accuracy and scalability have often hindered its potential
combined with Snowflake’s powerful and cost-efficient processing engine
Boothbay Fund Management LLC raised its holdings in shares of Snowflake Inc. (NYSE:SNOW - Free Report) by 212.5% during the 4th quarter
according to the company in its most recent Form 13F filing with the Securities & Exchange Commission
The fund owned 24,067 shares of the company's stock after purchasing an additional 16,365 shares during the quarter
Boothbay Fund Management LLC's holdings in Snowflake were worth $3,716,000 as of its most recent filing with the Securities & Exchange Commission
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SNOW
Stonebridge Financial Group LLC purchased a new position in Snowflake in the 4th quarter valued at approximately $29,000
Quadrant Capital Group LLC grew its position in shares of Snowflake by 74.6% in the fourth quarter
Blue Bell Private Wealth Management LLC raised its stake in shares of Snowflake by 189.5% during the 4th quarter
Blue Bell Private Wealth Management LLC now owns 220 shares of the company's stock valued at $34,000 after purchasing an additional 144 shares during the period
Perkins Coie Trust Co lifted its holdings in Snowflake by 136.3% during the 4th quarter
Union Bancaire Privee UBP SA bought a new position in Snowflake in the 4th quarter worth about $38,000
Piper Sandler decreased their target price on Snowflake from $215.00 to $175.00 and set an "overweight" rating on the stock in a research note on Wednesday
thirty have given a buy rating and two have assigned a strong buy rating to the stock
the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $200.27
View Our Latest Analysis on SNOW
insiders sold 374,342 shares of company stock valued at $61,578,513
Shares of Snowflake stock traded up $3.21 during trading hours on Friday
2,004,709 shares of the stock traded hands
compared to its average volume of 6,384,407
The company has a 50 day moving average price of $153.39 and a 200 day moving average price of $156.65
The firm has a market capitalization of $55.64 billion
a price-to-earnings ratio of -49.74 and a beta of 1.13
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Oak Wealth Advisors LLC purchased a new stake in Snowflake Inc. (NYSE:SNOW - Free Report) in the 4th quarter
according to the company in its most recent Form 13F filing with the SEC
The firm purchased 4,766 shares of the company's stock
Snowflake accounts for approximately 0.6% of Oak Wealth Advisors LLC's holdings
Other institutional investors have also modified their holdings of the company
Prospect Financial Services LLC purchased a new stake in Snowflake during the 4th quarter worth about $288,000
boosted its holdings in shares of Snowflake by 1.3% in the 4th quarter
now owns 673,715 shares of the company's stock valued at $104,028,000 after buying an additional 8,857 shares in the last quarter
Bourgeon Capital Management LLC purchased a new position in shares of Snowflake in the 4th quarter valued at $5,851,000
Stephens Consulting LLC lifted its position in Snowflake by 7,407.4% in the fourth quarter
Stephens Consulting LLC now owns 2,027 shares of the company's stock valued at $313,000 after acquiring an additional 2,000 shares during the last quarter
Kirtland Hills Capital Management LLC boosted its holdings in shares of Snowflake by 40.1% in the fourth quarter
Kirtland Hills Capital Management LLC now owns 15,920 shares of the company's stock valued at $2,458,000 after acquiring an additional 4,559 shares during the period
insiders have sold 374,342 shares of company stock worth $61,578,513
7.80% of the stock is currently owned by company insiders
Several equities analysts recently issued reports on the company. StockNews.com upgraded Snowflake from a "sell" rating to a "hold" rating in a research report on Friday
Evercore ISI boosted their price objective on shares of Snowflake from $190.00 to $200.00 and gave the company an "outperform" rating in a research note on Wednesday
Guggenheim reaffirmed a "neutral" rating on shares of Snowflake in a report on Thursday
Oppenheimer increased their price target on shares of Snowflake from $200.00 to $220.00 and gave the stock an "outperform" rating in a report on Thursday
Canaccord Genuity Group lifted their price objective on Snowflake from $190.00 to $220.00 and gave the company a "buy" rating in a report on Tuesday
thirty have given a buy rating and two have issued a strong buy rating to the company
the stock currently has an average rating of "Moderate Buy" and an average target price of $200.27
Read Our Latest Analysis on Snowflake
NYSE SNOW traded up $3.14 during trading hours on Friday
The company had a trading volume of 2,004,709 shares
The firm's 50 day moving average is $153.39 and its 200 day moving average is $156.65
The company has a market capitalization of $55.62 billion
Adage Capital Partners GP L.L.C. trimmed its holdings in Snowflake Inc. (NYSE:SNOW - Free Report) by 17.3% during the fourth quarter
according to its most recent filing with the Securities and Exchange Commission (SEC)
The firm owned 107,500 shares of the company's stock after selling 22,500 shares during the quarter
Adage Capital Partners GP L.L.C.'s holdings in Snowflake were worth $16,599,000 at the end of the most recent quarter
Several other institutional investors and hedge funds have also recently bought and sold shares of SNOW
Stonebridge Financial Group LLC acquired a new position in shares of Snowflake during the fourth quarter worth about $29,000
Quadrant Capital Group LLC increased its position in Snowflake by 74.6% during the 4th quarter
Blue Bell Private Wealth Management LLC now owns 220 shares of the company's stock worth $34,000 after buying an additional 144 shares in the last quarter
Perkins Coie Trust Co lifted its holdings in shares of Snowflake by 136.3% in the 4th quarter
Union Bancaire Privee UBP SA purchased a new stake in shares of Snowflake in the fourth quarter valued at approximately $38,000
Insiders sold a total of 374,342 shares of company stock valued at $61,578,513 over the last three months
SNOW traded up $3.44 during trading on Friday
The company had a trading volume of 1,778,025 shares
compared to its average volume of 6,383,507
The company has a market cap of $55.72 billion
The business has a 50-day moving average of $153.39 and a 200-day moving average of $156.65
has a 1-year low of $107.13 and a 1-year high of $194.40
A number of research firms have commented on SNOW
Cantor Fitzgerald reissued an "overweight" rating and issued a $183.00 target price on shares of Snowflake in a report on Wednesday
Piper Sandler decreased their price objective on shares of Snowflake from $215.00 to $175.00 and set an "overweight" rating on the stock in a report on Wednesday
Truist Financial lowered their target price on shares of Snowflake from $225.00 to $210.00 and set a "buy" rating on the stock in a research report on Monday
Royal Bank of Canada lifted their price target on shares of Snowflake from $210.00 to $221.00 and gave the company an "outperform" rating in a research report on Thursday
UBS Group upped their price target on Snowflake from $190.00 to $200.00 and gave the stock a "neutral" rating in a report on Thursday
thirty have issued a buy rating and two have assigned a strong buy rating to the company
the stock presently has an average rating of "Moderate Buy" and an average price target of $200.27
Read Our Latest Stock Report on Snowflake
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