FinanceBusiness & Enterprise5 min reading time

Snowflake beat on almost everything. One number went the other way

The Next Web
Read full post
Snowflake reported strong quarterly revenue of $1.55bn, beating expectations with 35% growth, and raised its full-year product revenue guidance. However, its remaining performance obligations fell short of analyst estimates at $9.00bn, indicating potential future revenue concerns. The company posted a GAAP net loss but showed a non-GAAP net income of $235.3m, reflecting significant stock-based compensation expenses.

More in Finance

Sources: DOJ is investigating whether Nvidia tried to skirt antitrust scrutiny of its 2025 Groq deal, described by Groq as a "nonexclusive licensing agreement" (New York Times)

Covered by 3 sources

Ant International, Visa, and Mastercard plan a new standard for payments made via AI agents, citing McKinsey's projection of $3T to $5T in commerce by 2030

Covered by 2 sources
Finance6 min read

Anthropic Releases Interactive Model of AI’s Possible Economic Futures

Covered by 4 sources