Snowflake rockets on AI-driven Q2 revenue surge
TL;DR Summary
Snowflake (SNOW) stock jumped in early trading after its Q2 revenue rose 35% to $1.55 billion, with AI-driven adoption helping drive roughly half the growth. The company posted adjusted EPS of $0.62 for fiscal 2027’s second quarter, and management highlighted AI tools like Cortex and CoWork as major adopters. The stock has gained more than 40% year to date.
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- The AI Engine That Re-Accelerated Snowflake Trefis
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