Snowflake Stock Drops Despite Huge Anthropic Deal
Strong Q3 Results Fail to Boost Stock Snowflake (SNOW) reported its fiscal Q3 results yesterday. The period ended on October 31. The cloud data company surpassed analyst expectations. Adjusted earnings per share hit $0.35. Sales reached $1.21 billion for the quarter. These numbers beat the average estimates. However, the positive news did not prevent a…

