Snowflake stock slides after Google’s BigQuery adds “global queries” as earnings near
Snowflake shares fell 3.9% to $175.14 Tuesday after Google announced a new BigQuery feature allowing cross-region data queries. The decline came as investors weighed competitive risks ahead of Snowflake’s Feb. 25 earnings. The broader market was steady, with the S&P 500 up 0.2%. Analyst Mizuho cut his price target on Snowflake, citing weak sentiment in software stocks.