Snowflake (SNOW) shares were upgraded to Neutral from Sell at Guggenheim Securities. Analyst John DiFucci says the cloud-based data company is still facing a “mountain of challenges,” but his discussions with customers were positive, and he says the company remains a “valuable asset.” Yahoo Finance’s Josh Lipton and Julie Hyman discuss the note in the video above. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor’s note:… Source link
Read More »Google, Oracle, Snowflake, Seagate Break Early Week Cloud News
Google added Anthos to its Distributed Cloud and Snowflake just made a big investment. As we head into the middle of June, it’s a good time to catch up on some low-key cloud news. These items have made the rounds over the last week. Channel partners for Google Cloud, Oracle Cloud, Snowflake and Seagate Technology will take particular interest in this latest batch of cloud news. We’ve also got a snippet from top Google Cloud MSP SADA, if you want to know what your peers are up… Source link
Read More »Firebolt raises $37M to take on Snowflake, Amazon and Google with a new approach to data warehousing – TechCrunch
For many organizations, the shift to cloud computing has played out more realistically as a shift to hybrid architectures, where a company’s data is just as likely to reside in one of a number of clouds, as it might in an on-premise deployment, in a data warehouse, or in a data lake. Today, a startup that has built a more comprehensive way to assess, analyse and use that data is announcing funding as it looks to take on Snowflake, Amazon, Google and others in the area of enterprise… Source link
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