Snowflake SNOW Stock Horizontal Resistance Breakout

  • Post category:Technology
  • Reading time:3 mins read
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Snowflake SNOW stock formed a horizontal resistance breakout chart pattern on June 15, 2023.

SNOW stock chart on June 15 2023 with a horizontal resistance breakout pattern
SNOW stock chart on June 15, 2023, with a horizontal resistance breakout pattern

Snowflake Inc. is a cloud-based data warehousing company that provides a data storage and analytics platform for businesses. The company’s platform allows users to store, manage, and analyze large amounts of structured and unstructured data in real-time, using a combination of cloud computing, storage, and data processing technologies. Snowflake’s platform is designed to be highly scalable, flexible, and secure, and is used by companies across a wide range of industries, including finance, healthcare, retail, and technology.

Snowflake Launches Government Data Cloud

On June 6, 2023, Snowflake announced the launch of the Government & Education Data Cloud, which unites Snowflake’s data platform, Snowflake- and partner-delivered solutions, and industry-specific datasets.

The Government & Education Data Cloud empowers the public sector with a cross-cloud data platform to deliver a holistic view of citizens, recipients, and students; share and collaborate with data intra- and cross-agency; and eliminate fraud, waste, and abuse.

Snowflake’s ecosystem of public sector and education partners deliver pre-built solutions and industry datasets to support a diverse set of government and education use cases Public sector agencies and schools, including customers like the State of Montana, New York University, and the City of Tacoma, use Snowflake to enhance mission outcomes.

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