Snowflake Inc. (SNOW)
Snowflake Explodes 37% on $6 Billion Amazon Deal as CEO Calls Q1 an AI “Inflection Point”
Shares of Snowflake (NYSE:SNOW | SNOW Price Prediction) 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).
Snowflake stock is soaring and it may be entirely because of Q1 earnings
Snowflake (SNOW) is ripping higher this morning after the cloud-based data platform announced a surprise $6 billion infrastructure partnership with Amazon Web Services (AWS). Under this five-year strategic collaboration, SNOW is deeply committed to AWS custom Graviton processors and artificial intelligence (AI) infrastructure to drive enterprise agentic AI.
Wall Street Breakfast Podcast: Snowflake Turns Up The Heat
Snowflake (SNOW) surged 35% premarket after a strong Q1, beating EPS and revenue estimates and raising full-year guidance. SNOW reported Q1 revenue of $1.39B (+33% YoY) and adjusted EPS of $0.39, both exceeding consensus estimates.
AI Has Caused a Software Winter for Markets. Snowflake's Success Won't End It.
Nebius attracts huge backing from AI investor, these could be hidden space stocks, Exxon Mobil is moving to Texas, and more news to start your day.
Snowflake just soared 38% in less than a day; Here's why
In the early morning of May 28, the cloud-based data platform Snowlake (NASDAQ: SNOW) achieved one of the most remarkable stock market turnarounds of 2026, as its shares rallied 38% during the extended session.
Snowflake's blowout quarter suggests the AI spending boom has further to run, but can growth justify the multiples?
Snowflake Inc (NYSE:SNOW), the cloud data platform company, delivered a comprehensive earnings beat after US markets closed on Wednesday, sending its shares...
Snowflake's blowout quarter suggests the AI spending boom has further to run, but can growth justify the multiples?
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 landed as the latest in a string of AI-fuelled upside surprises from enterprise software companies this earnings season, reinforcing a pattern that has become difficult for even the sceptics to dismiss.
Snowflake's stock is on fire as AI acceleration drives record product-revenue growth
Snowflake's stock soars toward a record gain after an earnings beat, a raised outlook and a $6 billion commitment to expand its collaboration with Amazon's AWS.
Snowflake Q1 Earnings Call Highlights
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 (SNOW) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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.
Snowflake Inc. (SNOW) Q1 Earnings and Revenues Beat Estimates
Snowflake Inc. (SNOW) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.24 per share a year ago.
An AI Deal With Amazon and an Upbeat Outlook Have Snowflake's Stock Soaring
Snowflake's AI push looks poised to drive a comeback for its stock.
