Snowflake surges 35% toward best day ever on AI frenzy, fueling software rally

Snowflake headed for its best day ever after boosting guidance and announcing an AI compute deal with Amazon. Finance chief Brian Robins said tools such as Cortex Code are driving a "step function change" in the company's AI revenue potential and boosting productivity.

CNBC • 10 hours ago

Snowflake Stock Soars After Q1 Double Beat, AWS AI Partnership Expansion

Snowflake Inc. (NYSE:SNOW) shares are trading higher Thursday after the company reported better-than-expected first-quarter earnings. Also, the company announced it signed a multi-year strategic collaboration agreement with Amazon Web Services to accelerate enterprise agentic AI adoption.

Benzinga • 11 hours ago

Snowflake jumps as enterprise demand for data offerings drives forecast raise

Snowflake shares jumped 36% in premarket trading on Thursday after the data analytics firm raised its annual product revenue forecast and announced a ​five-year AI infrastructure deal worth $6 billion with Amazon Web Services.

Reuters • 14 hours ago

20+ Analysts Back Snowflake and Here's Why We Agree

Snowflake (NYSE:SNOW | SNOW Price Prediction) just delivered what CEO Sridhar Ramaswamy called “a milestone quarter,” with product revenue of $1.33 billion, up 34% year-over-year.

24/7 Wall Street • 10 hours ago

Snowflake stock is soaring and it may be entirely because of Q1 earnings

Snowflake (SNOW) is ripping higher this morning after the cloud-based data platform announced a surprise $6 billion infrastructure partnership with Amazon Web Services (AWS). Under this five-year strategic collaboration, SNOW is deeply committed to AWS custom Graviton processors and artificial intelligence (AI) infrastructure to drive enterprise agentic AI.

Invezz • 11 hours ago

Snowflake's blowout quarter suggests the AI spending boom has further to run, but can growth justify the multiples?

Snowflake Inc (NYSE:SNOW), the cloud data platform company, delivered a comprehensive earnings beat after US markets closed on Wednesday, sending its shares surging nearly 37% in after-hours trading and adding roughly $22 billion to its market capitalisation in a matter of minutes. The result landed as the latest in a string of AI-fuelled upside surprises from enterprise software companies this earnings season, reinforcing a pattern that has become difficult for even the sceptics to dismiss.

Proactive Investors • 17 hours ago

Snowflake's Stock Pops Nearly 40% Back Into the Green. Here's What Has Investors Excited

Snowflake's stock is making a comeback.

Investopedia • 10 hours ago

Can Snowflake's Premium Valuation Survive a Shifting Cloud Landscape?

At $177.49, Snowflake (NYSE:SNOW | SNOW Price Prediction) sits in a wait-and-see zone for investors.

24/7 Wall Street • 8 hours ago

Snowflake just soared 38% in less than a day; Here's why

In the early morning of May 28, the cloud-based data platform Snowlake (NASDAQ: SNOW) achieved one of the most remarkable stock market turnarounds of 2026, as its shares rallied 38% during the extended session.

Finbold • 13 hours ago

Snowflake and the Snowballing Impact of its AI Flywheel

Snowflake NYSE: SNOW is only the latest example of how the AI flywheel is gaining momentum. Demand for the company's product is hot, exceeding expectations and driving management to increase spending.

MarketBeat • 5 hours ago