{"id":995125,"date":"2026-02-27T07:40:10","date_gmt":"2026-02-27T02:10:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=995125"},"modified":"2026-02-27T07:48:14","modified_gmt":"2026-02-27T02:18:14","slug":"snowflake-expects-annual-product-revenue-above-estimates-as-ai-boosts-demand","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/27\/snowflake-expects-annual-product-revenue-above-estimates-as-ai-boosts-demand\/","title":{"rendered":"Snowflake expects annual product revenue above estimates as AI boosts demand"},"content":{"rendered":"<p>Snowflake forecast fiscal 2027 product revenue above Wall Street estimates on Wednesday, as booming enterprise demand for artificial intelligence tools drives clients to the company&#8217;s cloud-based data analytics platform. <\/p>\n<p>Enterprise clients are increasingly shifting their workloads to the cloud \u200cwhile making \u2060investments to \u2060develop AI applications, boosting demand for companies like Snowflake. <\/p>\n<p>Shares dropped about 2% in extended trading after Snowflake&#8217;s results \u200band forecasts failed to impress investors amid market fears that the growing use of AI tools would \u200berode demand for traditional software.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Snowflake forecast fiscal 2027 product revenue above Wall Street estimates on Wednesday, as booming enterprise demand for artificial intelligence tools drives clients to the company&#8217;s cloud-based data analytics platform. Enterprise clients are increasingly shifting their workloads to the cloud \u200cwhile making \u2060investments to \u2060develop AI applications, boosting demand for companies like Snowflake. Shares dropped about 2% in extended trading after Snowflake&#8217;s results \u200band forecasts failed to impress investors amid market fears that the growing use of AI tools would \u200berode demand for traditional software.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-995125","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/995125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=995125"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/995125\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=995125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=995125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=995125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}