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SNOW
CNBC
6 hrs

‘Focus on value creation; the stock market will settle itself,' says Snowflake CEO amid bubble fears

1. Snowflake CEO focuses on long-term value creation amidst AI hype. 2. Snowflake's shares rose 6.5% recently, up 60% year-to-date. 3. Incremental AI adoption advised, with caution against viewing AI as a cure-all. 4. Market bubble fears exist, but historical examples suggest resilience. 5. AI value generation is emphasized as critical for long-term success.

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FAQ

Why Bullish?

Despite market uncertainties, SNOW's strong growth signals confidence among investors, similar to tech stocks post-dot-com bubble.

How important is it?

The insights on AI adoption and long-term value resonate with Snowflake's strategic direction, potentially influencing investor confidence and stock performance.

Why Long Term?

Sridhar Ramaswamy's focus on value creation suggests stability amidst potential market fluctuations, indicating sustained growth over time.

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