Snowflake Raises Sales Outlook, Touts Impact of AI Demand
Snowflake Inc. gave a stronger-than-expected annual outlook for product sales, touting the importance of its data software in the AI era.
Shares jumped more than 25% in extended trading.
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 —