On February 3, 2026, Snowflake Inc. saw its stock price close at 3.24, down 9.1% from the previous day's close of 0.66, after fluctuating between 3.49 and 9.08. The decline reflects a broader trend of investors reassessing software and cloud stocks due to concerns about artificial intelligence's impact on pricing power and profit margins. Snowflake announced enhancements to its product offerings, including the integration of Snowflake Postgres within its AI Data Cloud and a significant partnership with OpenAI worth 0 million to embed AI models into its platform. This collaboration aims to develop AI agents that can perform multi-step tasks through natural language queries. Snowflake is set to release its fiscal 2026 fourth-quarter and full-year results on February 25, with a conference call scheduled for 3 p.m. Mountain Time. CEO Ramaswamy and CFO Robins will present at Morgan Stanley’s Technology, Media & Telecom Conference on March 3 at 4:05 p.m. Pacific time.