A looming economic slowdown is the reason for the negativity, as rising inflation is pushing interest rates higher and squeezing consumers' wallets. After all, Snowflake stock is owned by Warren Buffett's Berkshire Hathaway, and he's widely regarded as one of the best long-term investors in the world. Companies are shifting their operations online at a rapid pace using cloud technology, and they're generating mountains of data that might seem messy and disorganized at face value, but that actually contains valuable underlying insights when it's analyzed effectively. Read More...
A looming economic slowdown is the reason for the negativity, as rising inflation is pushing interest rates higher and squeezing consumers’ wallets. After all, Snowflake stock is owned by Warren Buffett’s Berkshire Hathaway, and he’s widely regarded as one of the best long-term investors in the world. Companies are shifting their operations online at a rapid pace using cloud technology, and they’re generating mountains of data that might seem messy and disorganized at face value, but that actually contains valuable underlying insights when it’s analyzed effectively.
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