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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Arizona's Maricopa County is set to have the second largest concentration of US data centers by 2028, as the state races to increase electricity production (Pranshu Verma/Washington Post)

Pranshu Verma / Washington Post : Arizona's Maricopa County is set to have the second largest concentration of US data centers by 202...