Are Snowflake’s Earnings the Latest Sign of the Coming AI Winter?

ablokhin / Getty Images Quick Read Snowflake (SNOW) posted 28% product revenue growth to $1.12B but guided fourth-quarter growth of just 23% due to heavy discounting. Snowflake’s net revenue retention fell to 126% from 128% as customers demand steeper concessions amid competitive pressures. 50% of Snowflake’s new bookings tie to AI use cases and 80% of revenue comes from expansions. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to r ...