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Snowflake (SNOW) – Share price chart, background, and sentiment |
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Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
Snowflake (SNOW) is a cloud-based data platform that provides technological solutions for clients to analyse and share vast amounts of data. Founded in 2012 and publicly launched in 2014, the company is based in Bozeman, Montana. It offers Data Cloud, which enables customers to consolidate data to drive business insights, and other analytics services such as data management.
Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
Snowflake is perhaps most famous for its elastically scalable cloud data warehouse. Its product allows consumers to automatically scale up or down its compute resources for data integration and analysis. Consumers can run a higher number of workloads across many users without having to worry about resource contention.
Snowflake went public on the NYSE in September 2020 as the largest software IPO. Its blockbuster opening attracted significant attention from investors, including pledges from Berkshire Hathaway and Salesforce, to buy $250 million of stock at the IPO price in a private placement. Snowflake’s top shareholders consist of institutions such as Vanguard, Morgan Stanley, and Altimeter Capital Management.
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Investing in CFDs involves a high degree of risk that you will lose your money due to the use of leverage, particularly in fast moving markets, where a relatively small movement in the price can lead to a proportionately larger movement in the value of your investment. This can result in loses that exceed the funds in your account. You should consider whether you understand how CFDs work and you should seek independent advice if necessary.
ADS Securities LLC (“ADSS”) is authorised and regulated by the Securities and Commodities Authority (“SCA”) in the United Arab Emirates as a trading broker for Over the Counter (“OTC”) Derivatives contracts and foreign exchange spot markets. ADSS is a limited liability company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047) and has its principal place of business at 8th Floor, CI Tower, Corniche Road, P.O. Box 93894, Abu Dhabi, United Arab Emirates.
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ADSS is an execution only service provider and does not provide advice. ADSS may publish general market commentary from time to time. Where it does, the material published does not constitute advice, or a solicitation, or a recommendation to a transaction in any financial instrument. ADSS accepts no responsibility for any use of the content presented and any consequences of that use. No representation or warranty is given as to the completeness of this information. Anyone acting on the information provided does so at their own risk.
