Snowflake

Snowflake is a cloud-based data warehousing company that provides a highly scalable and secure platform for managing and analyzing data. Founded in 2012, the company has quickly become a leader in the data analytics market, serving a range of industries from finance to healthcare. Key executives include CEO Frank Slootman and President of Products Benoit Dageville. The company's main competitors include Amazon Web Services, Microsoft Azure, and Google Cloud Platform.

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Netflix co-CEO Greg Peters. Photo by Getty
The Briefing

Netflix on Deck This Week; Pressure on Software Stocks Intensifies

By Martin Peers · Apr 12, 2026 3:00pm PDT
We interrupt our regular AI programming to talk about something more entertaining: Netflix! The video-streaming giant kicks off tech earnings season on Thursday with its first-quarter earnings. It’s the first quarterly report since Netflix walked away from its $82.7 billion deal to buy Warner Bros. Discovery’s streaming and studio operations, so... We interrupt our regular AI programming to talk about something more entertaining: Netflix! The...
Sunday Insights

Atlassian and Figma Lead the R&D Arms Race

By Laura Bratton · Apr 12, 2026 8:00am PDT · 4 comments
Wall Street’s sell-off of enterprise software stocks resumed in earnest late last week, sending stocks such as ServiceNow and Snowflake down around 8% or so on Friday, as jitters over the impact of new AI tools on older software firms intensified. But the panic may be too indiscriminate. One way of sorting out which software firms may have more... Wall Street’s sell-off of enterprise software stocks resumed in earnest late last week, sending...
Michael M. Santiago/Getty Images.
The Briefing

What the Coming Big IPOs Mean for Tech Stocks

By Martin Peers · Apr 5, 2026 3:00pm PDT
The first quarter is over, and tech earnings season is only a couple of weeks away. Here’s something worth thinking about: Big tech stocks out of favor with investors—particularly Microsoft, Amazon and Meta Platforms—need to show something striking when they report for the quarter if they want to get out of the doghouse they’re in.If they don’t,... The first quarter is over, and tech earnings season is only a couple of weeks away. Here’s...
Snowflake CEO Sridhar Ramaswamy. Justin Sullivan/Getty Images.
Dealmaker

The Numbers Behind Snowflake’s $1 Billion App-Monitoring Acquisition

By Kevin McLaughlin and Valida Pau · Jan 8, 2026 4:52pm PST
On Thursday Snowflake said it was buying app monitoring startup Observe, confirming our earlier scoop. The sale, which we had previously reported would be roughly $1 billion, provides a decent exit for early investors in the nine-year-old startup, such as Sutter Hill Ventures and Madrona Ventures, both of which also previously backed Snowflake... On Thursday Snowflake said it was buying app monitoring startup Observe, confirming our earlier...