• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Snowflake Introduces Cortex AISQL and SnowConvert AI: Analytics Rebuilt for the AI Era

    6/3/25 9:20:00 AM ET
    $SNOW
    Computer Software: Prepackaged Software
    Technology
    Get the next $SNOW alert in real time by email
    • Cortex AISQL embeds generative AI directly into customers' queries, empowering teams to analyze all types of data and build flexible AI-powered pipelines with familiar SQL syntax — unlocking industry-leading performance and up to 60% cost savings when filtering or joining data
    • Leading organizations including Hex, Sigma, TS Imagine, and more are leveraging Cortex AISQL to seamlessly advance their data capabilities with AI
    • SnowConvert AI accelerates Snowflake migrations from legacy platforms using AI-powered automation, reducing manual re-coding and lowering the risk associated with large-scale data migrations

    Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, major innovations that expand on Snowflake Cortex AI, Snowflake's suite of enterprise-grade AI capabilities, empowering global organizations to modernize their data analytics for today's AI landscape. Snowflake is unveiling SnowConvert AI, an agentic automation solution that accelerates migrations from legacy platforms to Snowflake. With SnowConvert AI, data professionals can modernize their data infrastructure faster, more cost-effectively, and with less manual effort. Once data lands in Snowflake, Cortex AISQL (now in public preview) then brings generative AI directly into customers' queries, enabling teams to extract insights across multi-modal data and build flexible pipelines using SQL and AI — all while providing best‑in‑class performance and cost efficiency.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250603908179/en/

    Cortex AISQL embeds generative AI directly into customers' queries, empowering teams to analyze all types of data and build flexible AI-powered pipelines with familiar SQL syntax — unlocking industry-leading performance and up to 60% cost savings when filtering or joining data

    Cortex AISQL embeds generative AI directly into customers' queries, empowering teams to analyze all types of data and build flexible AI-powered pipelines with familiar SQL syntax — unlocking industry-leading performance and up to 60% cost savings when filtering or joining data

    "Every organization recognizes the potential of AI. But too often, harnessing AI means overcoming complex infrastructure, performance limitations, high costs, and a reliance on engineers to build custom pipelines," said Carl Perry, Head of Analytics, Snowflake. "We're removing those barriers, whether it's enabling anyone to analyze and act on all their data with Cortex AISQL or accelerating migrations off legacy systems through SnowConvert AI. By empowering teams to move faster, work smarter, and turn data into real impact, we're reimagining analytics for the AI era."

    "In capital markets, speed and precision are everything. For years, SQL has been the gold standard for transforming data — and now, with Cortex AISQL, we're extending that power to unstructured text," said Thomas Bodenski, Chief Operating Officer, TS Imagine. "With AISQL, our teams can analyze documents, extract insights, and build intelligence directly in the language they already know — all without complex engineering workflows. It's a game-changer for how fast we can respond to markets and deliver value to clients, while leveraging the Snowflake architecture for high performing SQL processing."

    Snowflake Provides Generative AI-Powered SQL Functions to Help Analysts Do More, Faster

    Snowflake helps customers leverage generative AI through familiar SQL queries, redefining how organizations analyze data. Snowflake Cortex AI has already enabled customers to build and deploy advanced AI models, apps, and agents within the security perimeter of the AI Data Cloud. Now, Cortex AISQL marks the next leap forward by leveraging generative AI to create powerful new query capabilities, effectively turning every data analyst into an AI engineer. Cortex AISQL is powered by leading models from Anthropic, Meta, Mistral, OpenAI, and others, coupled with core functionality and performance optimizations already built directly into Snowflake's SQL engine. With Cortex AISQL performance optimizations (now in private preview), enterprises now gain performance improvements ranging from 30-70% depending on datasets, with up to 60% cost savings when filtering or joining data across thousands of records, empowering them to scale their analytics capabilities for strategic decision-making.

    Traditionally, SQL has been limited to structured and semi-structured data, leaving analysts dependent on developers to access insights from unstructured sources. Cortex AISQL changes this by enabling teams to query all data types — from traditional rows and columns of numbers to text, images, audio, and more — all while using SQL, the universal language they already know and love for managing data.

    By harnessing SQL with AI-powered functions in Snowflake, analysts can now readily access and analyze multi-modal data at scale, eliminating data silos, consolidating tools, and combining traditional structured data with unstructured sources. This includes enriching customer tables with chat transcripts, correlating sensor readings with inspection photos, and merging sales figures with social media sentiment — enabling analysts to classify images, extract insights from call transcripts, and detect anomalies with ease. The result is a fully integrated SQL experience across all data, unlocking deeper insights, faster decisions, and accelerated innovation without the need for specialized AI skills or external services. Cortex AISQL delivers unified intelligence across the entire organization.

    Snowflake Accelerates Time to Value with AI-Powered Migrations

    With SnowConvert AI, Snowflake is making one of the most tedious and time-consuming parts of digital transformation — data warehouse migrations, business intelligence (BI) migrations, and ETL migrations — faster and smarter, without introducing additional risk factors. With data ecosystem migration agents powered by Snowflake Cortex AI, SnowConvert AI enables organizations to quickly and easily move from legacy data warehouses like Oracle, Teradata, Google BigQuery, and other cloud data platforms to Snowflake.

    By automating the conversion of code, BI reports, ETL tools, and validating the converted code and migrated data efficiently, SnowConvert AI streamlines the migration process for data engineers. SnowConvert AI goes beyond just database migrations, allowing customers to migrate their entire data ecosystem, while staying seamlessly supported and without disrupting critical workflows — ultimately reducing risk, costs, and complexity at every step.

    SnowConvert AI makes the code conversion and testing phases 2-3 times faster, significantly reducing time-to-delivery and speeding up modernization efforts. By accelerating the path to modernization, Snowflake shortens the time between intention and insight, so organizations can minimize migration timelines and start generating insights that drive results sooner.

    Global Enterprises Unlock Comprehensive Analytics Across All Data

    Snowflake's unified approach to analytics represents a fundamental shift in how organizations analyze their data. Snowflake is also unveiling innovations to Snowflake's unified platform that enables enterprises to process all their data, including open formats like Apache Iceberg™ tables1, with remarkable efficiency. In addition, Snowflake announced Standard Warehouse - Generation 2 (now generally available) with next-generation hardware and software optimizations to deliver 2.1x2 faster analytics performance and 1.9x3 faster analytics performance than Managed Spark. Snowflake customers can now unlock faster AI-powered insights from all their data — wherever it lives.

    Learn More:

    • Dive deeper into how Snowflake Cortex AISQL is bringing the power of AI directly to data analysts in this blog post.
    • Explore more of the ways Snowflake is expanding its analytics capabilities in this blog post.
    • Check out all the innovations and announcements coming out of Snowflake Summit 2025 on Snowflake's Newsroom.
    • Stay on top of the latest news and announcements from Snowflake on LinkedIn and X, and follow along at #SnowflakeSummit.

    1 "Apache Iceberg" is a registered trademark or trademark of the Apache Software Foundation in the United States and/or other countries.

    2 Snowflake improvements based on performance of core analytics workloads measured as of May 3, 2024 using Standard Warehouse and May 2, 2025 using Gen2.

    3 Performance results based on core analytics workloads on 2XL Gen2 warehouse and comparable warehouse on Managed Spark as of May 2, 2025.

    Forward Looking Statements

    This press release contains express and implied forward-looking statements, including statements regarding (i) Snowflake's business strategy, (ii) Snowflake's products, services, and technology offerings, including those that are under development or not generally available, (iii) market growth, trends, and competitive considerations, and (iv) the integration, interoperability, and availability of Snowflake's products with and on third-party platforms. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described under the heading "Risk Factors" and elsewhere in the Quarterly Reports on Form 10-Q and the Annual Reports on Form 10-K that Snowflake files with the Securities and Exchange Commission. In light of these risks, uncertainties, and assumptions, actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. As a result, you should not rely on any forward-looking statements as predictions of future events.

    © 2025 Snowflake Inc. All rights reserved. Snowflake, the Snowflake logo, and all other Snowflake product, feature and service names mentioned herein are registered trademarks or trademarks of Snowflake Inc. in the United States and other countries. All other brand names or logos mentioned or used herein are for identification purposes only and may be the trademarks of their respective holder(s). Snowflake may not be associated with, or be sponsored or endorsed by, any such holder(s).

    About Snowflake

    Snowflake is the platform for the AI era, making it easy for enterprises to innovate faster and get more value from data. More than 11,000 companies around the globe, including hundreds of the world's largest, use Snowflake's AI Data Cloud to build, use, and share data, apps and AI. With Snowflake, data and AI are transformative for everyone. Learn more at snowflake.com (NYSE:SNOW).

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250603908179/en/

    Media Contacts:

    Sandya Kola

    Product PR Specialist, Snowflake

    [email protected]

    Get the next $SNOW alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $SNOW

    DatePrice TargetRatingAnalyst
    6/4/2025$265.00Neutral → Buy
    UBS
    5/22/2025$230.00 → $245.00Buy
    Monness Crespi & Hardt
    4/2/2025$160.00Neutral
    Macquarie
    4/1/2025$210.00Buy
    Daiwa Securities
    2/27/2025$188.00 → $230.00Buy
    Monness Crespi & Hardt
    2/20/2025$220.00Neutral → Buy
    BTIG Research
    2/18/2025$235.00Peer Perform → Outperform
    Wolfe Research
    1/17/2025$201.00Overweight
    Cantor Fitzgerald
    More analyst ratings

    $SNOW
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Qlik Named Snowflake 2025 Data Integration Partner of the Year

      Honored for enabling joint customers to scale low-latency pipelines, maximize Snowflake impact, and accelerate AI with governed data Qlik®, a global leader in data integration, data quality, analytics, and artificial intelligence, today announced at Snowflake's annual user conference, Snowflake Summit 2025, that it has been named the 2025 Data Integration Data Cloud Product Partner of the Year award winner by Snowflake, the AI Data Cloud company. Qlik was recognized for its achievements in helping joint customers accelerate trusted, AI-ready data pipelines on the Snowflake platform. Through innovations like native support for Snowflake-managed Iceberg tables and the introduction of the

      6/3/25 3:00:00 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • Snowflake Intelligence and Data Science Agent Deliver The Next Frontier of Data Agents for Enterprise AI and ML

      Business users can now harness AI data agents to analyze, understand, and act on structured and unstructured data with Snowflake Intelligence, without technical overhead Data scientists can leverage Data Science Agent to automate their ML workflows, boost productivity, and accelerate time-to-production for ML use cases Over 5,200 customers from companies like BlackRock, Luminate, and Penske Logistics are using Snowflake to deploy AI solutions across their businesses Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, new agentic AI innovations that bridge the gap between enterprise data and business action, making

      6/3/25 9:25:00 AM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • Snowflake Introduces Cortex AISQL and SnowConvert AI: Analytics Rebuilt for the AI Era

      Cortex AISQL embeds generative AI directly into customers' queries, empowering teams to analyze all types of data and build flexible AI-powered pipelines with familiar SQL syntax — unlocking industry-leading performance and up to 60% cost savings when filtering or joining data Leading organizations including Hex, Sigma, TS Imagine, and more are leveraging Cortex AISQL to seamlessly advance their data capabilities with AI SnowConvert AI accelerates Snowflake migrations from legacy platforms using AI-powered automation, reducing manual re-coding and lowering the risk associated with large-scale data migrations Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced at its

      6/3/25 9:20:00 AM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology

    $SNOW
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Snowflake upgraded by UBS with a new price target

      UBS upgraded Snowflake from Neutral to Buy and set a new price target of $265.00

      6/4/25 7:31:40 AM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • Monness Crespi & Hardt reiterated coverage on Snowflake with a new price target

      Monness Crespi & Hardt reiterated coverage of Snowflake with a rating of Buy and set a new price target of $245.00 from $230.00 previously

      5/22/25 7:46:31 AM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • Macquarie initiated coverage on Snowflake with a new price target

      Macquarie initiated coverage of Snowflake with a rating of Neutral and set a new price target of $160.00

      4/2/25 8:51:48 AM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology

    $SNOW
    Leadership Updates

    Live Leadership Updates

    See more
    • Snowflake Marketplace Adds Agentic Products and AI-Ready Data from Leading News, Research, and Market Data Providers

      With Cortex Knowledge Extensions, enterprises can now enrich their AI apps and agents with real-time news and content from USA TODAY, the USA TODAY Network, Stack Overflow, and more Customers can leverage sharing of Semantic Models to find, share, and integrate AI-ready structured data into agentic workflows Users can now discover, install, and purchase third-party Agentic Native Apps on Snowflake Marketplace, which harness agentic AI to securely bring together customer and provider data from within Snowflake's governance perimeter Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, new agentic products on Snowfla

      6/3/25 9:15:00 AM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • Snowflake Acquires Crunchy Data to Bring Enterprise Ready Postgres Offering to the AI Data Cloud

      Empowering enterprises across industries to build and deploy secure, compliant AI agents and applications with Snowflake Postgres, powered by Crunchy Data's enterprise-grade PostgreSQL Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, its intent to acquire Crunchy Data, a leading provider of trusted open source Postgres technology and products. This acquisition will bring Snowflake Postgres, the AI-ready, enterprise-grade and developer-friendly PostgreSQL database to the AI Data Cloud, enabling developers with the full power of Postgres while providing the uncompromising governance, security and operational standards es

      6/2/25 4:05:00 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • Snowflake Welcomes Bill Scannell to its Board of Directors

      Dell Technologies veteran brings decades of go-to-market expertise to support Snowflake's continued growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced the appointment of Bill Scannell to its Board of Directors, effective May 7, 2025. "The addition of Bill Scannell to Snowflake's Board of Directors comes at an exciting time as we continue to empower every enterprise to unlock the full potential of their data and AI," said Sridhar Ramaswamy, CEO at Snowflake. "Bill exemplifies field excellence: his deep experience in global sales and customer operations will be instrumental in driving us forward." Scannell is currently the President of Global Sales and Customer Operat

      5/8/25 4:05:00 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology

    $SNOW
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Speiser Michael L bought $9,989,012 worth of shares (76,200 units at $131.09) (SEC Form 4)

      4 - Snowflake Inc. (0001640147) (Issuer)

      6/10/24 4:54:26 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • Ramaswamy Sridhar bought $5,000,038 worth of shares (31,542 units at $158.52) (SEC Form 4)

      4 - Snowflake Inc. (0001640147) (Issuer)

      3/27/24 4:14:52 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • Mclaughlin Mark D bought $501,313 worth of shares (3,030 units at $165.45), increasing direct ownership by 35% to 11,687 units (SEC Form 4)

      4 - Snowflake Inc. (0001640147) (Issuer)

      3/7/24 8:21:17 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology

    $SNOW
    SEC Filings

    See more
    • SEC Form 10-Q filed by Snowflake Inc.

      10-Q - Snowflake Inc. (0001640147) (Filer)

      5/30/25 4:17:09 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • SEC Form 144 filed by Snowflake Inc.

      144 - Snowflake Inc. (0001640147) (Subject)

      5/27/25 4:41:12 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • SEC Form 144 filed by Snowflake Inc.

      144 - Snowflake Inc. (0001640147) (Subject)

      5/23/25 10:46:57 AM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology

    $SNOW
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • EVP, Product Management Kleinerman Christian sold $3,056,700 worth of shares (15,000 units at $203.78), decreasing direct ownership by 2% to 570,632 units (SEC Form 4)

      4 - Snowflake Inc. (0001640147) (Issuer)

      6/4/25 6:37:33 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • Director Garrett Mark exercised 67,000 shares at a strike of $3.74 and sold $13,331,660 worth of shares (67,000 units at $198.98) (SEC Form 4)

      4 - Snowflake Inc. (0001640147) (Issuer)

      5/28/25 7:34:49 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • Director Burton Jeremy exercised 20,789 shares at a strike of $21.79 and sold $4,157,800 worth of shares (20,789 units at $200.00) (SEC Form 4)

      4 - Snowflake Inc. (0001640147) (Issuer)

      5/28/25 7:34:10 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology

    $SNOW
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Snowflake Inc.

      SC 13G/A - Snowflake Inc. (0001640147) (Subject)

      11/12/24 5:50:12 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • Amendment: SEC Form SC 13G/A filed by Snowflake Inc.

      SC 13G/A - Snowflake Inc. (0001640147) (Subject)

      11/4/24 1:50:57 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • SEC Form SC 13G/A filed by Snowflake Inc. (Amendment)

      SC 13G/A - Snowflake Inc. (0001640147) (Subject)

      2/14/24 4:51:34 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology

    $SNOW
    Financials

    Live finance-specific insights

    See more
    • Snowflake Reports Financial Results for the First Quarter of Fiscal 2026

      Product revenue of $996.8 million in the first quarter, representing 26% year-over-year growth Net revenue retention rate of 124% 606 customers with trailing 12-month product revenue greater than $1 million 754 Forbes Global 2000 customers Remaining performance obligations of $6.7 billion, representing 34% year-over-year growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its first quarter of fiscal 2026, ended April 30, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250521451903/en/Snowflake Q1 FY26 Infographic (Graphic: Snowflake) Revenue for the quarter was $1.0 billi

      5/21/25 4:05:00 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • Snowflake to Announce Financial Results for the First Quarter of Fiscal 2026 on May 21, 2025

      Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the first quarter of fiscal year 2026, which ended April 30, 2025, following the close of the U.S. markets on Wednesday, May 21, 2025. Snowflake will host a conference call to discuss the financial results. Conference Call Details The conference call will begin at 3 p.m. Mountain Time on May 21, 2025. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 692434). For investors and participants outside the United States, see global dial-in numbers here (Access code: 692434). The call will also be webcast live on the Snowflake Investor Relations websi

      5/1/25 9:01:00 AM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology
    • Snowflake Reports Financial Results for the Fourth Quarter and Full-Year of Fiscal 2025

      Product revenue of $943.3 million in the fourth quarter, representing 28% year-over-year growth Net revenue retention rate of 126% 580 customers with trailing 12-month product revenue greater than $1 million 745 Forbes Global 2000 customers Remaining performance obligations of $6.9 billion, representing 33% year-over-year growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its fourth quarter and full-year of fiscal 2025, ended January 31, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250226670487/en/Snowflake Q4 and Full-Year FY25 Infographic (Graphic: Snowflake)

      2/26/25 4:05:00 PM ET
      $SNOW
      Computer Software: Prepackaged Software
      Technology