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The Nasdaq and S&P 500 were gaining steam as the morning rolled on Thursday. Software stocks were a big reason why. The Nasdaq was up 0.5%, while the S&P 500 was up 0.4%. The Dow was down 20 points, or essentially flat.
Snowflake (SNOW) stock is soaring by over 30% on Thursday after the company reported AI demand to have driven better-than-expected first quarter results alongside revenue growth of 33%. PNC Asset Management Group CIO Amanda Agati and Yahoo Finance Senior Business Reporters Brooke DiPalma and Ines Ferré take a closer look at the post-earnings stock reactions from Snowflake and fellow software company Salesforce (CRM).
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.
(Updates with details on AWS collaboration and Natoma acquisition in the 7th and 8th paragraphs.)
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).
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.
Cloud data platform provider Snowflake (NYSE:SNOW) will be reporting results this Wednesday afternoon. Here’s what you need to know.
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.
Snowflake Inc. (NYSE:SNOW) is one of the 10 AI Stocks That Are About to Explode. On May 19, Benchmark increased its price target on Snowflake Inc. (NYSE:SNOW) from $190 to $200 and kept its Buy rating. The research firm expects the company to report product revenue and operating income above market expectations. Benchmark noted that […]
CrowdStrike, Snowflake, Palo Alto Get Bullish Calls Ahead of Earnings
Snowflake has had a rough stretch. The stock is down 21.92% year-to-date and has lost nearly 6% over the past year, according to Yahoo Finance. That’s a stark contrast to a broader market that has pushed higher and an AI software sector that has minted new winners almost weekly. But Bank of America ...
zSpace, Inc (ZSPC) delivered earnings and revenue surprises of -88.00% and -0.64%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Datadog stock is leading software stocks higher after the enterprise tech players reported results ahead of expectations.
Moby summary of Wolfspeed, Inc.'s Q3 2026 earnings call
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