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Snowflake Surges on AI Flywheel, Boosting Cloud Infrastructure Outlook

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Snowflake reported blowout Q2 earnings with revenue surging 35% to $1.55 billion and raised full-year product guidance.
  • CEO Sridhar Ramaswamy highlighted accelerating enterprise AI adoption as a sustained growth flywheel, lifting cloud infrastructure and data platform sentiment across major hyperscalers.
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AMZN price history

256.78 +13.48% over the displayed period

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