Snowflake Updates Intelligence Platform and Cortex Code
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 21 2026
0mins
Snowflake announced significant updates across Snowflake Intelligence and Cortex Code, advancing its vision to become the control plane for the agentic enterprise. As AI systems evolve from answering questions to taking action, these enhancements enable organizations to connect even more data sources, enterprise systems, and AI models with their trusted Snowflake data within a unified experience. This allows enterprises to align their data, tools, and workflows with AI agents built on Snowflake - enabling more seamless action on data that reflects how their business actually runs. Snowflake Intelligence now serves as a personal work agent for business users that adapts over time by learning individual preferences and workflows to deliver more relevant results and automate tasks - all while enabling deep, trusted insights grounded in governed enterprise data. In addition, Cortex Code is expanding as a builder layer for enterprise AI, bringing governed, data-native development across the enterprise data ecosystem so builders can create, orchestrate, and operationalize AI directly within the tools and systems they already use.
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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: 225.950
Low
237.00
Averages
278.19
High
312.00
Current: 225.950
Low
237.00
Averages
278.19
High
312.00
About SNOW
Snowflake Inc. is an artificial intelligence (AI) data cloud company. The Company provides a platform which powers the AI data cloud, enabling customers to consolidate data into a single source of truth to drive insights, apply AI to solve business problems, build data applications, and share data and data products. Its cloud-native architecture includes three independently scalable but logically integrated layers across storage, compute, and cloud services. The storage layer ingests massive amounts and varieties of structured, semi-structured, and unstructured data. The compute layer provides dedicated resources to enable users to simultaneously access common data sets for many use cases with minimal latency. The cloud services layer enables users to securely use AI within applications, tools, and processes. Its platform supports a wide range of product categories for customers’ business objectives, including analytics, data engineering, AI, applications and collaboration.
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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- Reduced Roku Exposure: ARK Invest sold about 561,800 shares of Roku valued at approximately $77.6 million, reducing its investment in the streaming platform, which reflects a reassessment of technology stocks and portfolio adjustments.
- Healthcare Investment: Additionally, ARK increased its stake in Eli Lilly by nearly 2,400 shares worth about $2.7 million, demonstrating a focus on the healthcare sector to diversify its portfolio amid market uncertainties.
See More
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