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Snowflake Inc.

Snowflake says Frank Slootman is retiring as CEO; stock plunges 20%

by Sipho Sepamla
Snowflake says Frank Slootman is retiring as CEO; stock plunges 20%

Frank Slootman, CEO of Snowflake, on the day of the company’s initial public offering on Sept. 16, 2020. CNBC Snowflake said Wednesday that CEO Frank Slootman, 65, is retiring, and …

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Fraudster impersonated Mansour family to peddle fake Airbnb equity

by Sipho Sepamla
Fraudster impersonated Mansour family to peddle fake Airbnb equity

The Airbnb logo is displayed on the Nasdaq digital billboard in Times Square in New York on December 10, 2020. Kena Betancur | AFP | Getty Images When prosecutors announced …

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Ford, Disney, Costco and more — Jim Cramer provides his updated views on each

by Shen Ridenbaugh
Ford, Disney, Costco and more — Jim Cramer provides his updated views on each

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …

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Cramer breaks down Datadog rally, says tech will continue to see gains

by Merchant Moller
Cramer breaks down Datadog rally, says tech will continue to see gains

CNBC’s Jim Cramer examined enterprise software company Datadog‘s Tuesday rally, saying the tech stocks’ gains aren’t over, and the company’s success signals good news for peer stocks. “You had to …

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Datadog earnings boost stock, company gives strong guidance

by Merchant Moller
Datadog earnings boost stock, company gives strong guidance

Olivier Pomel, co-founder and CEO of Datadog, speaks at the company’s Dash conference in San Francisco on Aug. 3, 2023. Datadog Shares of cloud monitoring software firm Datadog surged nearly …

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Israel’s tech community responds to Israel-Hamas war

by Sipho Sepamla
Israel’s tech community responds to Israel-Hamas war

Israeli soldiers on a tank are seen near the Israel-Gaza border.  Ilia Yefimovich | Picture Alliance | Getty Images On Saturday, Dvir Ben-Aroya woke up expecting to go on his …

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Nvidia cancels AI Summit in Tel Aviv following Hamas attack on Israel

by Merchant Moller
Nvidia cancels AI Summit in Tel Aviv following Hamas attack on Israel

Nvidia CEO Jensen Huang wearing his usual leather jacket. Getty Nvidia canceled its AI conference in Tel Aviv next week due to safety concerns, as Israel ordered a siege of …

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Nvidia and Capital One invest in Databricks at $43 billion valuation

by Sipho Sepamla
Nvidia and Capital One invest in Databricks at  billion valuation

Ali Ghodsi, co-founder and CEO of Databricks. Databricks As some high-valued tech startups look to the long-dormant IPO market for their next funding round, Databricks is still finding investors that …

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What hapened the first day of the anti-monopoly trial

by Sipho Sepamla
What hapened the first day of the anti-monopoly trial

Jonathan Kanter, Assistant Attorney General for the Antitrust Division at the Department of Justice, arrives at federal court on September 12, 2023 in Washington, DC. Kevin Dietsch | Getty Images …

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Instacart clarifies its Snowflake payments in updated IPO prospectus

by Sipho Sepamla
Instacart clarifies its Snowflake payments in updated IPO prospectus

Frank Slootman, CEO of Snowflake, on the day of its 2020 IPO, Sept. 16th, 2020. CNBC Instacart filed an updated IPO prospectus Monday and clarified how its contract works with …

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