US EditionWhat's Going On With Snowflake Stock Tuesday? - Snowflake (NYSE:SNOW)
- On Feb 3, 2026, Snowflake Inc. announced broad product upgrades to help enterprises move from AI experimentation to production.
- To support enterprise AI, Snowflake is embedding interoperability, governance and resilience features to help run trusted AI in production, positioning the platform for diverse workloads.
- Snowflake Postgres now runs natively, supporting direct work on fresh transactional data without external pipelines, and Snowflake Backups are now generally available for resilience.
- Markets reacted with Snowflake shares rising premarket on Tuesday, as Bank of America analyst reiterated a Buy but cut his price target to $275 from $310.
- The company noted forward-looking statements and risk disclosures, highlighting potential impacts on product adoption and AI strategy for its more than 8,000 customers.
23 Articles
23 Articles
What's Going On With Snowflake Stock Tuesday? - Snowflake (NYSE:SNOW)
Snowflake Inc. (NYSE:SNOW) has rolled out a broad set of product upgrades on Tuesday designed to help enterprises move from AI experimentation to production, making data AI-ready by design across its platform. The company is positioning the latest releases to bring transactional, analytical, and AI workloads together so businesses can deploy data-driven AI applications at scale. Snowflake Postgres Unifies Data for AI Workloads At the center of t…
Why Snowflake stock slid 9%: AI disruption jitters swamp an OpenAI tie-up and a Postgres push
NEW YORK, February 3, 2026, 20:10 EST — Market closed Shares of Snowflake Inc. fell 9.1% Tuesday, closing at $173.24 after trading as high as $193.49 and as low as $169.08. The stock had finished Monday at $190.66. The selloff is significant because investors are pulling back on software and cloud stocks, rethinking how quickly AI can boost pricing power and margins—even among companies touting themselves as AI winners. “We’re seeing a lot of so…
Snowflake rolls out new capabilities to fast-track enterprise AI from pilots to production
Snowflake has announced a raft of new product innovations aimed at helping enterprises move data and AI initiatives out of experimentation mode and into full-scale production more quickly. The updates are designed to simplify development, improve interoperability and ensure AI systems operate on trusted, governed enterprise data. The post Snowflake rolls out new capabilities to fast-track enterprise AI from pilots to production appeared first on…
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