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Snowflake shares sink 13% on decelerating product revenue growth

August 22, 2024 admin-dominor

Shares of Snowflake fell after it released fiscal second-quarter 2025 earnings that showed decelerating product revenue growth compared to past quarters.

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Oil prices surge to 4-month highs after Saudi, Russia output cuts

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Thursday’s inflation report could challenge the market outlook for big Fed rate cuts

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