Snowflake's CFO Just Said 16 Words That Should Be Music to Every Shareholder's Ears

If you're an informed investor, you likely read the quarterly reports from the companies you've invested in. If you're looking for even deeper insight, you might listen to management's commentary on quarterly earnings calls. But if you still have extra time, listening to presentations at investor conferences can provide even more insight.On Sept. 12, data company Snowflake (NYSE: SNOW) made a presentation at the Goldman Sachs Communacopia + Technology Conference. In his remarks, CFO Mike Scarpelli said 16 words that are extremely important for investors. They even have me rethinking the stock as a potential investment.The artificial intelligence (AI) trend is undeniable, and Snowflake is swept up in it. For evidence, just look at its press releases. Its report for its fiscal Q2 2022 started with simply calling itself "The Data Cloud company." But in its report for its fiscal Q2 2025, it called itself "The AI Data Cloud company."Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool