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Why Snowflake Stock Rocketed Higher Today

The cloud-based data storage and analysis specialist got a lift from artificial intelligence (AI), delivering accelerating growth and a classic "beat and raise."

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Numbers, numbers, numbers

“The global cyber insurance market was worth nearly $15 billion last year and is expected to reach roughly $28 billion by 2030, Munich Re estimated in its latest report.

  • Global cyber insurance market valued at nearly $15 billion in 2022
  • Projected to reach around $28 billion by 2030
  • Nearly 20% of cyberattacks will involve generative AI by 2027

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