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25 February
Snowflake’s stock dips as the software company gives a mixed outlook
Snowflake corporate headquarters building with blue logo on a beige facade.
Analysts see opportunities for Snowflake to win in AI. Photo: Getty Images/iStock

Snowflake’s stock has been swept up this year by broader investor fears about the future of the software industry, and even reasonably upbeat revenue guidance Wednesday doesn’t seem like enough to change the mood.

Shares of Snowflake SNOW were choppy in Wednesday’s extended session, recently off 2.5%, after the data-warehousing software company reported mixed quarterly earnings.