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Investing.com - U.S. stock futures pointed lower on Thursday, as a fresh exchange of strikes in Gulf dented hopes for a U.S.-Iran peace deal and investors geared up for key inflation data closely watched by the Federal Reserve.
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 also announced a new $60 billion, five-year deal with Amazon Web Services.
Snowflake Inc (SNOW) reports a 34% revenue surge and raises FY27 guidance, driven by strong AI product adoption and customer expansion.
Snowflake shares soared 36% after-hours on signing an AI deal with Amazon and buying Natoma, a platform for enterprise AI agents.
Snowflake (NYSE:SNOW) reported accelerating growth in its first quarter of fiscal 2027 and raised its full-year outlook, with executives pointing to stronger demand for its core data platform and early traction from artificial intelligence products including Snowflake Intelligence and Cortex Code.
Snowflake stock soared amid Q1 earnings and revenue that topped estimates. The software maker hiked full-year sales guidance.
Investing.com -- Snowflake Inc. (NYSE:SNOW) reported first quarter results that exceeded analyst expectations, with shares surging 30% following the announcement of a major AWS collaboration and raised full-year guidance.
(Updates with details on AWS collaboration and Natoma acquisition in the 7th and 8th paragraphs.)
Shares in Snowflake soared 30% after the market closed Wednesday following a Wall Street Journal report that Amazon Web Services has signed up the cloud-storage company as its latest chips customer. Snowflake, whose shares have bounced back of late after a slump earlier this year, also reported quarterly earnings on Wednesday.
The cloud-storage company joins Apple and Meta as one of AWS’s largest customers for CPU-based computing. Snowflake shares soared 30% after the closing bell.
Cloud-based data analytics platform Snowflake raised its annual product revenue forecast on Wednesday, signaling growing demand for AI-driven workloads and cloud migrations. The company's growth was fueled by surging enterprise demand for its core data warehousing products and growing uptake of its AI offerings, with migrations from legacy systems and increased use of machine learning tools adding momentum. Snowflake enables businesses to store, analyze and share large volumes of data across applications and users.
Snowflake said on Wednesday it has signed a $6 billion deal with Amazon Web Services, with the investment tied to AWS' Graviton processors and AI chip infrastructure.
The biggest IPO conversation right now centers on SpaceX’s reported June 12 listing. Gavin Baker, founder and Chief Investment Officer of Atreides Management, thinks investors are watching the wrong name. On a recent episode of the Invest Like the Best YouTube channel, Baker argued that Anthropic, the private AI lab behind Claude, has a more ... An Upcoming IPO Could Soon Surpass NVIDIA As The World’s Most Valuable Company (It’s Not SpaceX)
Yahoo Finance's Josh Lipton takes a look at the top stories for investors to watch on Wednesday, May 27, including quarterly earnings from Salesforce (CRM), Marvell (MRVL), Synopsys (SNPS), Snowflake (SNOW), and HP Inc (HPQ).
Find insight on Salesforce, Snowflake, Spotify and more in the latest Market Talks covering Technology, Media and Telecom.
Snowflake Set for Key Earnings Test Amid Rising AI Costs
Tech stocks rose to start the holiday-shortened week as investors looked to the latest mega IPOs and continued to assess what Nvidia's latest earnings mean for the artificial intelligence trade.
This week, investors will get their latest sense of how the American consumer is grappling with the wartime inflation surge. Earnings are due from retailers like Costco and Dollar Tree, and the personal-consumption expenditures index for April is scheduled for release.
Cloud data platform provider Snowflake (NYSE:SNOW) will be reporting results this Wednesday afternoon. Here’s what you need to know.
Asking for a Trend Host Brooke DiPalma previews several of the biggest stories to come throughout this week, including the latest filings regarding OpenAI's (OPAI.PVT) planned IPO, earnings out from companies like Salesforce (CRM), and the Personal Consumption Expenditures (PCE) report for April inflation data. Markets will be closed this Monday, May 25, for the Memorial Day Weekend holiday.
Earnings season is winding down, but we still have a couple of big name companies reporting. This week we have Dell Technologies, Marvell Technology, Snowflake, Salesforce and Costco all reporting.
