Is Snowflake (SNOW) Fully Valued After Its Latest AI Partnerships?

Snowflake (SNOW) has been active on the partnership front, with new client announcements that lean into its AI Data Cloud, data marketplace, and networking integrations. These deals give investors fresh context for assessing the stock. Recent price action has cooled a bit, with Snowflake’s share price down 6.3% over the past week and 6.7% over the past month. Even so, the 90-day share price return of 17.1% and 3-year total shareholder return of 122.9% show momentum that long-term holders will...