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0 -0.0026892183574537 -0.00527228335869222 0.0107214889777431 0.0191076041187501 0.00923534199072932 0.00937687979901623 0.0227522026821415
Stock impact report

Snowflake shares surge on rosy forecast, AI deal with Anthropic [Yahoo! Finance]

Datadog, Inc. - Class A (DDOG) 
Last datadog, inc. - class a earnings: 2/13 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
revenue forecast, signaling growing demand for cloud-based data storage and analytics. The company, whose shares have fallen 35% this year, was set to add about $10 billion to its market value of $43.3 billion, if premarket gains hold. The Bozeman, Montana-based company's results come months after Sridhar Ramaswamy took over as CEO, having previously spearheaded Snowflake's AI strategy as SVP of AI, and analysts have been since watching how the firm's AI efforts are progressing under the new leadership. Snowflake announced a partnership with Anthropic on Wednesday, which will allow its customers to enhance their AI applications using Anthropic's large language models on Snowflake's cloud-based data platforms. The multi-year deal will also allow Snowflake's AI agents to analyze data and generate visualizations, among other functions, the company said. The company expects product revenue of $3.43 billion for 2025, compared with its previous forecast of $3.36 billion. "It doe Show less Read more
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