Snowflake stock rockets after an earnings beat and a $6 billion Amazon cloud deal
Quartz
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The cloud data company reported $1.39 billion in first-quarter revenue, up 33% year over year, and lifted its full-year product revenue guidance to $5.84 billion
Snowflake Soars on $6B Amazon Deal
- Snowflake’s stock is on fire as AI acceleration drives record product-revenue growth MarketWatch —
- In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips Techcrunch —
- Snowflake soars 30% on earnings beat and plan to spend $6 billion on Amazon cloud CNBC —
- Snowflake commits $6B to Amazon Web Services over 5 years in latest AI infrastructure deal GeekWire —
- Snowflake skyrockets after Q1 report features Natoma acquisition and AWS deal Seeking Alpha —