No-Headquarters/BOZEMAN, Mont., December 11, 2023--Snowflake (NYSE: SNOW), the Data Cloud company, has received FedRAMP® High Authorization on the AWS GovCloud (US-West and US-East Regions).
Warren Buffett's never been big on technology trends, but he finds himself invested heavily in this one.
Many investors reaped big profits by chasing high-flying stocks during the meme stock rally in 2021. Unfortunately, investors who got greedy also ended up holding the bag as rising interest rates popped their bubbly valuations over the past two years. As interest rates stabilize, we're seeing the bulls rush back toward some of those stocks -- including C3.ai (NYSE: AI), Palantir Technologies (NYSE: PLTR), Snowflake (NYSE: SNOW), Symbotic (NASDAQ: SYM), and Coinbase (NASDAQ: COIN).