Snowflake is a cloud-based data platform that enables data analysis and simultaneous access of data sets with minimal latency ...

In May, Snowflake Inc. surprised much of the enterprise computing world with the announcement that it would partner with Dell Technologies Inc. to ease access to on-premises data. The news represented ...

Continuing its campaign to position itself as the control plan for the artificial intelligence era, Cisco Systems Inc. today ...

However, its push for innovation has weighed on profitability. Snowflake reported a net loss of $0.89 per share in Q2. Its financial discipline resulted in an adjusted product gross margin of 76.4%.

Snowflake’s better-than-expected quarter reflects growing demand by enterprises for data modernization to unlock AI use cases.