Snowflake is exploding higher following a strong Q2 earnings report released after the market close on September 2, which featured revenue of $1.55 billion and earnings of $0.62 per share, beating consensus estimates by 4.91% and 37.78%
respectively. Investors are reacting positively to management raising its FY27 product revenue guidance to $6.07 billion, a move driven by a meaningful step-up in AI-related demand. This surge follows a 4.4% decline in the prior regular session and has prompted multiple analysts to boost their forecasts, citing the com