Snowflake's Wild Ride: AI Fuels Growth, Stock Dips

Snowflake's stock dipped slightly after a massive surge following a strong earnings report, but is the dip a blip or a sign of things to come? We break down Snowflake's impressive Q2 results, driven by AI adoption, and why analysts are still bullish despite the volatility. Discover why revenue jumped 32%, billings soared 40%, and why existing customers are spending more. Is Snowflake's growth sustainable, or is this just AI hype? Hosted on Acast. See acast.com/privacy for more information.