Fed eyes low rates until 2023, Trump calls for stimulus, Snowflake IPO
FT News Briefing
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Snowflake's Rise Amidst Market Challenges
This chapter explores Snowflake's rapid revenue growth driven by increased demand for cloud services during the pandemic, while also addressing concerns about its valuation and stiff competition from tech giants. It also highlights Starbucks' European division and its dividend payouts despite facing major profit declines.
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Transcript
