Shares of Snowflake (SNOW) fell about 8% on Tuesday despite announcing new product capabilities and key partnerships at its annual conference, Snowflake Summit 26.
Snowflake announced new capabilities for its coding agent Snowflake CoCo, formerly known as Cortex Code
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Please disable your ad-blocker and refresh. Entering text into the input field will update the search result below Entering text into the input field will update the search result below Quick Insights Despite announcing new products and partnerships, the stock fell around 8%, suggesting investors were not immediately convinced the innovations would drive growth or address market concerns. New AI capabilities like CoCo and CoWork allow enterprises to automate workflows, unify data, strengthen security and governance for AI, and easier build and deploy AI-powered apps.