Snowflake Jumps Most Since 2020 After Amazon Deal | Bloomberg Tech 5/28/2026
Bloomberg’s Caroline Hyde and Ed Ludlow break down Snowflake's share moves after the software maker gave a strong outlook and signed a $6 billion deal with Amazon.
Plus, Bloomberg News pulls back the curtains on Apple's revamped Siri design ahead of its WWDC debut.
And, Meta introduces paid chatbot subscriptions to help offset its AI infrastructure costs. (Source: Bloomberg)
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 —