Snowflake Beat Expectations in Q3, but This Is Why I'd Still Avoid the Stock

Snowflake Beat Expectations in Q3, but This Is Why I'd Still Avoid the Stock

Snowflake stock shows signs of recovery with strong quarterly results, but challenges persist due to high costs and increased net losses. Despite growth potential in cloud and AI markets, concerns remain about profitability and reliance on stock-based compensation impacting financial performance and investor value.

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