Snowflake Inc. (SNOW) — the peer cohort

Long reads

• The Agentic Winners 25Dossier · $49 · 31 Mar 2026Snowflake provides the governed data warehouse agents query for analytical context.
• Agentic Application Software: The SaaSpocalypse MapDossier · $39 · 27 Feb 2026Long AI infrastructure from Strand 2: Datadog (DDOG — observability gravity), Cloudflare (NET — edge distribution), Snowflake (SNOW — data gravity), MongoDB (MDB — developer ecosystem), Pure Storage (PSTG — ICMS context memory), Elastic…
• Agentic Infrastructure Software: The Orchestration LayerDossier · $39 · 24 Feb 2026The hardware requires all-flash array partners (Pure Storage, NetApp, Dell) to build the physical boxes, while software platforms (Elastic, MongoDB, Snowflake) organize and query the data.

101 and glossary

• ABR — Agent Beneficiary Ratio: Scoring AI Disruption Impact101Key Companies NVDA NVIDIA Natural Position — infrastructure provider CRM Salesforce Cannibalize or Die — Agentforce pivot SNOW Snowflake Natural Position — data infrastructure for agents ZEN Zendesk Terminal — agents replace tier-1 support
• Agentic AI Adoption Curve: Where We Are and What Comes Next101Key Companies CRM Salesforce Agentforce adoption as leading indicator MSFT Microsoft Copilot/agent platform — largest distribution ANTH Anthropic Agent framework + tool use (private) SNOW Snowflake Data infrastructure for agent workloads
• Agentic AI: Who Eats Whose Lunch — A Concrete Winner/Loser Map101Cloud compute: AWS, Azure, GCP — agents run on their infrastructure Data platforms: Snowflake, Databricks — agents need data to act on Observability: Datadog, Elastic — monitoring agent behavior at scale Semiconductor: The entire 6-layer…
• AI Infrastructure Outlook 2026: Layers, Risks, and Positioning101Snowflake, Datadog, and Confluent benefit from the inference-side of AI spending.
• SaaSpocalypse: Why Agentic AI Destroys the SaaS Pricing Moat101Snowflake, Databricks, and MongoDB provide the data layer that agents consume.
• The 6-Layer Model: How Closelooknet Maps the AI Supply Chain101Layer 5 — Data Platforms: Snowflake, Datadog, Confluent, Elastic.
• Work-as-a-Service: The Post-SaaS Business Model101Similar to Snowflake's compute credits model.

Dailies

• Inflation — Prices Rise 0.4%, the 10-Year Yield Hits 5% and Nvidia Slides Another 6%Midday 10 · 10 Nov 2026Cloudflare rises 2.5% to 301.22 and Snowflake 0.9%; Datadog slips 0.4%, ServiceNow falls 2.9% to 99.83 and the software fund IGV 1.3%.
• Chips — Up 6% Without Nvidia: AMD Jumps 11%, Broadcom 8%, Nvidia Slides 6%Midday 10 · 9 Nov 2026Snowflake gains 5.9%, Palantir 5.3%, JFrog 3.9% to 104.90 and CrowdStrike 3.0%.
• Chips — the open follows Seoul, then turns: chip index from −2.4% to +0.7%; small caps +1.6%Midday 10 · 20 Oct 2026The software fund IGV is up 0.8% at 106.86, ServiceNow +2.2%, Oracle +2.1% to 132.27, Snowflake +1.7%.
• AI Trade — builders and runners sold, users bought: chips enter a bear market, Accenture +9.9% on the weekMorning 10 · 19 Oct 2026AI apps — software sold on Friday: IGV −4.8%; Snowflake −8.4%, Palo Alto −7.6%, Palantir −7.2%
• Chips — bounce 2.5% to break an eight-day losing run; QQQ back above 720, AI users still boughtMidday 10 · 19 Oct 2026Software follows: the software fund IGV +1.7%, Palantir +5.0%, Snowflake +3.4%.
• Tech — the whole complex sold: chip fund −2.1%, software −4.3%; Nasdaq −1.1% while the Dow is greenMidday 10 · 16 Oct 2026Chips fall for an eighth day and software joins them: CrowdStrike, Snowflake and Palo Alto −7%.
• AI Trade — TSMC is ‘prudent’ on 2027: chip fund −2.0%, Dell −7.7%; software bought, Dow +0.9%Midday 10 · 15 Oct 2026DigitalOcean is down to $102.62 with no company news found; Cloudflare $310.30, Datadog −2.0%, Snowflake −2.3%.
• Korea — Kospi −3.5% on its first day back as chipmakers catch up; SpaceX deal sinks T-Mobile 13%Morning 10 · 12 Oct 2026Software, second day up — cloud fund CLOU +3.9%, Snowflake +7.4%, Datadog +7.1%, Palantir +5.2% to a record