Thursday, May 26, 2022

Snowflake stock drops 15%+ on weak Q2 growth guidance after reporting Q1 product revenue rose 84% YoY to $394M and a net loss of $166M, down from $203M YoY (Brody Ford/Bloomberg)

Brody Ford / Bloomberg:
Snowflake stock drops 15%+ on weak Q2 growth guidance after reporting Q1 product revenue rose 84% YoY to $394M and a net loss of $166M, down from $203M YoY  —  Snowflake Inc., a software company that helps businesses organize data in the cloud, dropped in extended trading after giving …



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New AI-powered video tools have accelerated the surge in AI dramas in China; DataEye: 89 of the top 100 animated dramas on Douyin in May were AI productions (Financial Times)

Financial Times : New AI-powered video tools have accelerated the surge in AI dramas in China; DataEye: 89 of the top 100 animated dramas...