Shares of Snowflake (NYSE:SNOW) are rocketing higher on Thursday morning, with the stock up 35% to around $240 after the company posted a blowout Q1 FY2027 report and unveiled a $6 billion multiyear deal with Amazon‘s (NASDAQ:AMZN) AWS (Amazon Web Services). SNOW stock closed at $175.26 on Wednesday. The move would mark one of the ... Snowflake Explodes 37% on $6 Billion Amazon Deal as CEO Calls Q1 an AI “Inflection Point”
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Snowflake raised guidance and announced a new $6 billion AWS agreement.
Snowflake’s watershed first-quarter earnings resulted in a slew of price target upgrades.
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 market reaction to Salesforce (CRM) centers on a mild deceleration in top-line metrics. Current remaining performance obligation (cRPO) growth cooled to 14% year-over-year from 16% in the prior quarter, while second-quarter revenue guidance of $11.27 billion to $11.35 billion fell slightly below expectations. However, focusing solely on this top-line friction misses the structural transformation taking place within the company's business model.
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
Astrotech (ASTC) shares were up more than 53% premarket Thursday, continuing from a 459% rise in the
Snowflake Rips Higher After Earnings Beat Shatters Software Sector Fears
Snowflaked Inc (NYSE:SNOW) jumped 36% in premarket trading Thursday after the cloud data platform company exceeded Wall Street expectations across major first-quarter metrics and boosted its full-year guidance, reinforcing investor confidence in its emerging AI revenue strategy. The stock finished Wednesday’s regular session at $175.
Snowflake (SNOW) shares jumped early Thursday after the cloud-based data platform raised its full-ye
Cloud data platform provider Snowflake (NYSE:SNOW) reported Q1 CY2026 results exceeding the market’s revenue expectations, with sales up 33.5% year on year to $1.39 billion. Its non-GAAP profit of $0.39 per share was 21.9% above analysts’ consensus estimates.
↗️ Snowflake (SNOW): Shares surged 38% premarket after the cloud-software company lifted its full-year outlook and struck a $6 billion deal with Amazon (AMZN) to access its chips. Amazon’s shares ticked slightly lower premarket.
Snowflake also announced a new $60 billion, five-year deal with Amazon Web Services.
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...
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.
The company's shares were recently up 35% in after-hours trading
Although the revenue and EPS for Snowflake (SNOW) give a sense of how its business performed in the quarter ended April 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.