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22:35
Snowflake executives confirmed during a conference call that the acquisition of Observe has been completed.
This acquisition is conducted through a combination of cash and stock, with a total transaction value of approximately $600 million. This acquisition marks a significant advancement in Snowflake's strategic layout of its data cloud platform. By integrating Observe's observability technology, Snowflake will further enhance its data service capabilities, providing enterprise clients with more comprehensive data analytics solutions. After the transaction is completed, the Observe team will be incorporated into Snowflake's existing organizational structure to jointly promote product technology integration and business expansion.
22:35
Nvidia's Chief Financial Officer recently stated that the company expects the growth of its sovereign computing business to keep pace with its artificial intelligence infrastructure business.
This statement highlights Nvidia's strategic positioning and growth expectations in two major cutting-edge technology fields.
22:34
Pursuit Attractions and Hospitality Inc (stock code: PRSU) has just released its latest Q4 financial report, showing revenue reaching $57.1 million.
However, this figure failed to meet market expectations, as the previous consensus estimate by IBES was $58.3 million. This announcement has revised the previously released amount information.
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