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UBS maintains a Buy rating on Snowflake stock amid competition from Databricks and Microsoft.

1 report, 1 independent Updated Aug 18

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

UBS Snowflake Inc.Databricks

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The entities involved

UBS
Swiss multinational investment bank and financial services company
- The Trump administration threatens tariffs on Switzerland, leading Switzerland to seek a new trade agreement with the US.Mon 00:13
- Following the acquisition of Credit Suisse, the Swiss parliament proposed new banking regulations for UBS.Sun 10:25
Snowflake Inc.
cloud-based data-warehousing startup
- Snowflake Inc.'s stock declined following the announcement of a convertible debt offering.Mon 15:34
- Snowflake Inc. filed required documents with the SEC regarding institutional investment activity on June 18, 2026.Mon 11:32
Databricks
American technology company
- LiveRamp, Databricks, DoorDash, Adobe, and OpenAI have formed a partnership focused on agentic customer data platforms, commerce pipelines, and advertising tools.Mon 13:14
- Genie and Databricks are integrating acquired company's features into their AI coworker platform.Fri 06:05

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Coverage

Newest first; wire copies grouped

Aug 18proactiveinvestors.com