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The company, valued at $75.7 billion as of Wednesday close, was on track to about $16 billion in market capitalization, if losses hold.
Snowflake expects product revenue of $3.25 billion in fiscal year 2025, and between $745 million and $750 million for the quarter ending April, both below Wall Street expectations.
(Reuters) - Snowflake shares slid 23% on Thursday after the cloud data storage services provider projected annual revenue below Wall Street estimates and disclosed a surprise retirement of long-time CEO Frank Slootman. The company, valued at $75.7 ...
A Macomb County jury has convicted Eric Compton, 42, of Eastpointe, of operating a motor vehicle with a high blood and alcohol content (BAC), causing death with a prior conviction (20-year felony).
The fatal crash took place at the intersection of Holland and Rosalind, when Compton disregarded a stop sign, hitting the side of the bike.