Snowflake Summit to Host Largest User Conference in History
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy SNOW?
Source: Newsfilter
- Conference Scale: Snowflake will host its largest user conference ever, the Snowflake Summit, from June 1-4, 2026, in San Francisco, expecting over 20,000 attendees including customers, partners, and employees, showcasing how enterprises leverage Snowflake for AI transformation.
- Keynote Speakers: The opening keynote will feature a discussion between Anthropic Co-Founder Daniela Amodei and Snowflake CEO Sridhar Ramaswamy, focusing on the next generation of AI innovation and the pivotal role of data in this transformation, highlighting the influence of industry leaders.
- Extensive Agenda: The summit will include over 500 breakout sessions and 200 on-site partners, covering the latest applications of AI and data, helping attendees gain insights into turning data into intelligence and action, thereby driving tangible business outcomes.
- Innovative Experiences: Snowflake Summit 26 will introduce various new experiences, including industry-specific sessions, hands-on labs, and executive programs, aimed at redefining how the data and AI community connects and collaborates, facilitating real-world applications of AI in enterprises.
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Analyst Views on SNOW
Wall Street analysts forecast SNOW stock price to rise
33 Analyst Rating
30 Buy
3 Hold
0 Sell
Strong Buy
Current: 146.400
Low
237.00
Averages
278.19
High
312.00
Current: 146.400
Low
237.00
Averages
278.19
High
312.00
About SNOW
Snowflake Inc. is a data cloud and artificial intelligence company. Its platform is the technology that powers the AI Data Cloud, enabling customers to consolidate data into a single source of truth to drive meaningful insights, apply artificial intelligence (AI) to solve business problems, build data applications, and share data and data products. It provides its platform through a customer-centric, and consumption-based business model. Its cloud-native architecture consists of three independently scalable but logically integrated layers across compute, storage, and cloud services. The compute layer provides dedicated resources to enable users to simultaneously access common data sets for many use cases with minimal latency. The storage layer ingests massive amounts and varieties of structured, semi-structured, and unstructured data to create a unified data record. Its ClearQuery platform allows users to rapidly search, explore, and analyze their data using natural language queries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Core Holdings Strategy: In his letter to shareholders, Abel identified nine 'core holdings' that he implied would see limited activity unless there are fundamental changes in their long-term economic prospects, suggesting a potential reduction in Berkshire's investment activity.
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See More
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- Portfolio Scale: Berkshire's total investment portfolio is approximately $322 billion, with Combs managing over 5% of it, equating to at least $16 billion, highlighting his importance in the company's investment strategy.
- Investment Strategy Shift: In his letter to shareholders, Abel indicated a commitment to maintaining core holdings, suggesting a potential shift towards a more passive investment strategy with fewer quarterly changes, which may alter investor expectations regarding the company's activity level.
- Market Reaction Expectations: While Abel stated that Ted Weschler would continue managing 6% of the portfolio, market uncertainty remains regarding Berkshire's future investment direction, prompting investors to closely monitor the upcoming first-quarter 10-Q report for more insights.
See More
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See More
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- Class Action Notice: Rosen Law Firm reminds investors who purchased Snowflake Inc. (NYSE: SNOW) Class A common stock between June 27, 2023, and February 28, 2024, to apply as lead plaintiffs by April 27, 2026, to participate in the class action and seek compensation.
- Fee Arrangement: Investors joining the class action will not incur any upfront costs, as the law firm operates on a contingency fee basis, thereby reducing the financial burden on investors.
- Lawsuit Background: The lawsuit alleges that Snowflake made positive statements about its business during the class period while failing to disclose that product efficiency gains and pricing strategies negatively impacted consumption and revenues, resulting in investor losses.
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See More
