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Snowflake Rallies on AI-Driven Demand as Superinvestors Double Down

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The Story

News Summary

  • Cathie Wood and Brad Gerstner hold key stakes in Snowflake as revenue growth accelerated to 33% year-over-year.
  • The data cloud firm capitalizes on enterprise AI adoption without incurring heavy infrastructure capex, though rich valuation multiples remain a key concern for investors.
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AMZN price history

248.42 +8.40% over the displayed period

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