{"version":"market-claims.v1","claim":{"id":"mcl_e34b5ee848e9bb5a93","url":"/trace/claims/mcl_e34b5ee848e9bb5a93","status":"PUBLISHED","claimType":"DIRECTIONAL_THESIS","direction":"LONG","claimText":"Snowflake is riding the AI wave, not getting killed by it. The more tokens companies burn, the more database queries pile up, and the stock is finally earning an AI multiple.","confidence":0.72,"expert":{"slug":"altcap","displayName":"Brad Gerstner","kind":"PERSON","status":"UNCLAIMED","avatarUrl":"/api/avatars/746364e2-3","url":"/trace/experts/altcap","claimed":false},"primaryEntity":{"kind":"ASSET","assetClass":"EQUITY","symbol":"SNOW","name":"SNOW","exchange":null,"confidence":0.78},"evidence":{"evidenceUrl":"https://www.youtube.com/watch?v=sQVwLUxFdMY&t=7431s","sourceUrl":"https://youtube.com/watch?v=sQVwLUxFdMY","timecode":"123:51","startMs":7431000,"endMs":null,"excerpt":"there are certain software companies companies, Databricks, Snowflake, and ClickHouse, all of which we're investors in, which very clear to me they're in the token flow. As you consume more tokens, the amount of your database queries goes up."},"performance":{"entryPrice":255.3699951172,"currentPrice":null,"returnPct":null,"relativePct":null,"method":"PASTE_AUTHOR_PRICE"},"resolutionStatus":"OPEN","ambiguityNotes":null,"horizon":"multi-year","isExplicitTrade":false,"notFinancialAdvice":true,"disclaimer":"AISO tracks public statements, not verified portfolio positions. This is not financial advice."},"expert":{"slug":"altcap","displayName":"Brad Gerstner","kind":"PERSON","status":"UNCLAIMED","avatarUrl":"/api/avatars/746364e2-3","url":"/trace/experts/altcap","claimed":false},"source":{"platform":"YOUTUBE","title":"John Gruber, Kyle Kuzma, Brad Gerstner","sourceUrl":"https://youtube.com/watch?v=sQVwLUxFdMY","publishedAt":"2026-05-29T20:04:02.000Z"},"evidence":{"evidenceUrl":"https://www.youtube.com/watch?v=sQVwLUxFdMY&t=7431s","sourceUrl":"https://youtube.com/watch?v=sQVwLUxFdMY","timecode":"123:51","startMs":7431000,"endMs":null,"excerpt":"there are certain software companies companies, Databricks, Snowflake, and ClickHouse, all of which we're investors in, which very clear to me they're in the token flow. As you consume more tokens, the amount of your database queries goes up.","quote":"there are certain software companies companies, Databricks, Snowflake, and ClickHouse, all of which we're investors in, which very clear to me they're in the token flow. As you consume more tokens, the amount of your database queries goes up.","speaker":"Brad Gerstner"},"entities":[{"kind":"ASSET","assetClass":"EQUITY","symbol":"SNOW","name":"SNOW","exchange":null,"confidence":0.78}],"marketData":{"entry":{"price":255.3699951172,"currency":"USD","observedAt":"2026-05-29T20:04:02.000Z","method":"PASTE_AUTHOR_PRICE"},"current":null,"returnPct":null},"snapshots":[{"kind":"ENTRY","symbol":"SNOW","assetClass":"EQUITY","price":255.3699951172,"probability":null,"currency":"USD","provider":"paste.trade","providerSymbol":"SNOW","observedAt":"2026-05-29T20:04:02.000Z","method":"PASTE_AUTHOR_PRICE","returnPct":null,"relativePct":null}]}