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Tech Trader - The Outlook for Technology Stocks

Barron's Live

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What Is So Interesting About Snowflake?

Snowflake is a cloud data storage kind of, I mean, sort of an analytic platform like a Samsung. It went public at a very high valuation and reached astounding valuation heights last year. One little wrinkle about the story that I think traders love is it's a consumption-based model,. In times of slowing economic activity, it'd be an area where you might want to optimize costs.

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