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-0.000852068527254275 -0.000342731474649676 -0.000913950599066091 -0.00186122231372299 0.000337876112092274 -0.00201345221038004 -0.00317502629988055 -0.00317502629988055
Stock impact report

Why Are Snowflake (SNOW) Shares Soaring Today [Yahoo! Finance]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
It was encouraging to see Snowflake exceed analysts' revenue expectations this quarter (fiscal Q3'2025) with a net revenue retention rate (NRR) that didn't fall at all from last quarter. During the earnings call, Snowflake emphasized its commitment to simplifying data workflows and integrating AI capabilities, such as Snowflake Cortex. These initiatives are driving competitive displacement and increasing customer adoption. Additionally, new products like Snowpark are contributing to revenue growth. Snowpark is expected to account for roughly 3% of total product revenue. On the AI front, Snowflake reported over 1,000 generative AI use cases deployed in production, and 3,200 customers utilizing its platform for AI and machine learning applications. This is another aspect of the business with a strong potential to accelerate growth as customers recognize the value that AI adds to their operations. Moving to the bottom line, operating margin in the quarter beat, and combined with th Show less Read more
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