Today: 15 April 2026
Snowflake edges closer to the sales floor as EY and Canva roll out “agentic” AI platform

Snowflake edges closer to the sales floor as EY and Canva roll out “agentic” AI platform

NEW YORK, March 4, 2026, 06:42 EST

  • EY rolled out an AI-powered sales “orchestration” platform that’s built using Snowflake and Canva, designed to pull together data, automate workflows, and connect content in one place.
  • Snowflake’s chief revenue officer isn’t looking for more dashboards—what sales teams need, he said, is “actionable intelligence.”
  • Snowflake executives, speaking at a Morgan Stanley conference, said they’re pushing ahead with AI adoption—accepting slimmer initial margins in the process.

EY rolled out a new AI sales platform this week, leaning on tech from Snowflake Inc and Canva. That decision pushes the cloud data outfit further into front-line sales territory, leaving its traditional analytics role behind.

It’s relevant now: companies have ramped up purchases of AI tools for sales and marketing, yet most of these products remain isolated from each other. “Agentic” AI, meaning software agents capable of acting across different systems rather than just responding to prompts, is making the leap from demo stage into real workflows. Vendors are scrambling to position themselves as the connective layer.

Snowflake (SNOW.N) is angling to push data storage and analytics toward an applications platform model. Pricing hinges on usage—spikes in workloads can ramp up revenue fast. The flip side: customers may face steeper bills just as quickly.

EY has dubbed the product EY.ai Agentic for Sales, pitching it as an all-in-one platform that merges real-time data intelligence, AI-generated content, and controlled workflow automation. According to the firm, it’s up for pre-sales now and will begin rolling out in North America—starting internally at EY from March.

“Enterprise sales teams are not struggling because of a lack of AI,” said Duncan Avis, principal at EY Studio+, in the release. The real issue, Avis said, is scattered data and the jumble of tools. Snowflake’s Chief Revenue Officer Mike Gannon echoed that sentiment, adding that sales leaders “don’t need more dashboards.” Canva’s Mark Rupert pointed to a different challenge: buyers want clearer ways to see what solutions can actually do. EY

Snowflake’s leadership stuck to their narrative at this week’s investor event. Chief Executive Sridhar Ramaswamy, speaking at the Morgan Stanley Technology, Media & Telecom Conference, called agentic AI layered onto customer “data estates” the “string” tugging at demand. He also argued that coding agents could help cut the lengthy migrations that often bog down cloud transitions. CFO Brian Robins noted that fresh AI offerings come in with thinner gross margins — that’s profit after direct costs — but stressed that early traction matters most right now. Investing.com

Snowflake slipped roughly 2.7% ahead of the open Wednesday, changing hands at $165.79.

Christian Kleinerman, Snowflake’s executive vice president of product management, unloaded 10,000 shares at $165.01 apiece on March 2, according to a separate filing. The sale was executed through a Rule 10b5-1 plan, which lets insiders set up pre-scheduled trades.

Snowflake is jumping into a busy field with its latest sales effort. Microsoft and Salesforce are already out there pitching AI assistants for customer-facing teams, while data platforms like Snowflake and private competitor Databricks are both angling to make sure those assistants tap into their own data layers.

There’s a risk that “agentic” projects never move beyond pilot phases, or clients clamp down on how much they’re using as cloud budgets draw fresh scrutiny. Snowflake executives themselves have warned that early AI offerings come with slimmer margins—if adoption stumbles, defending that hit gets tougher.

Snowflake’s core business is selling cloud-based software for data storage and analytics, charging customers mostly by usage. Lately, the company’s been rolling out AI features that allow users to run data queries in plain English and automate certain tasks—an effort to drive more activity onto its platform by making things easier for clients.

Stock Market Today

  • Wolfspeed's Stock Surges 38% in a Month; DCF Valuation Signals Potential Undervaluation
    April 14, 2026, 10:05 PM EDT. Wolfspeed (WOLF) shares jumped nearly 38% over the past 30 days following positive sentiment around its semiconductor sector role. The stock currently trades near $23, yet a 2-stage discounted cash flow (DCF) model estimates an intrinsic value of about $110. This implies a 79.1% discount, suggesting Wolfspeed might be significantly undervalued relative to projected free cash flow growth through 2035. Recent performance saw a 21.5% gain year-to-date, with the company reporting a loss in free cash flow last year but forecasts turning positive by 2026. Wolfspeed's valuation score stands at 3 out of 6 on Simply Wall St's framework, reflecting mixed signals amid volatility in earnings and market positioning.

Latest article

American Airlines Stock Jumps After United CEO Floats White House Merger Pitch

American Airlines Stock Jumps After United CEO Floats White House Merger Pitch

15 April 2026
American Airlines shares rose about 8% Tuesday after Reuters reported United Airlines CEO Scott Kirby discussed a possible merger with American in February during a meeting with President Trump. The combined airline would control about 40% of U.S. domestic flying capacity, raising antitrust concerns. No formal talks have been confirmed. Both airlines declined to comment.
Broadcom Stock Gets Fresh Meta AI Lift as Duolingo Stock Falls on Growth Fears

Broadcom Stock Gets Fresh Meta AI Lift as Duolingo Stock Falls on Growth Fears

15 April 2026
Broadcom shares rose after Meta announced a multi-year AI chip partnership, committing to over 1 gigawatt of custom silicon through 2029. Duolingo fell 2.2% as investors reacted to slower growth and weaker earnings forecasts. The Nasdaq gained 2% Tuesday. Broadcom also recently secured chip deals with Google and Anthropic.
S&P 500 Nears Record as Iran Talk Hopes Sink Oil, Lift Dow and Nasdaq in Earnings Rush

S&P 500 Nears Record as Iran Talk Hopes Sink Oil, Lift Dow and Nasdaq in Earnings Rush

15 April 2026
U.S. stocks surged Tuesday, with the S&P 500 nearing its January record as oil prices fell and hopes rose for renewed U.S.-Iran talks. The Nasdaq gained about 2%, marking its longest winning streak since 2021, while the Dow climbed nearly 318 points. Producer prices rose less than expected in March. BlackRock and Citigroup reported strong quarterly results.
LiveScore Revenue Tops £200 Million, but UK Gambling Tax Shock Threatens Profit Push

LiveScore Revenue Tops £200 Million, but UK Gambling Tax Shock Threatens Profit Push

14 April 2026
LiveScore Group’s turnover rose 15.3% to £206.3 million for the year ended March 2025, with operating loss nearly halved to £26.7 million, according to UK filings. The results come days after Britain raised Remote Gaming Duty to 40%, a move expected to add £20–25 million to LiveScore’s UK tax bill. UK revenue climbed 26% to £175.6 million. Virgin Bet launched in South Africa on March 30.
Toast (TOST) signals faster 2026 restaurant sign-ups as “Toast IQ” AI rolls out
Previous Story

Toast (TOST) signals faster 2026 restaurant sign-ups as “Toast IQ” AI rolls out

FDA hits Novo Nordisk with another Ozempic ad warning — second strike in weeks
Next Story

FDA hits Novo Nordisk with another Ozempic ad warning — second strike in weeks

Go toTop