Investing.com -- Snowflake Inc. (NYSE:SNOW) reported first quarter results that exceeded analyst expectations, with shares surging 30% following the announcement of a major AWS collaboration and raised full-year guidance.
Actualités
Uniquement les titres à fort signal - événements macro, résultats, M&A, régulation. Listicles et clickbait d'analystes filtrés par défaut. Rafraîchi toutes les heures.
(Updates with details on AWS collaboration and Natoma acquisition in the 7th and 8th paragraphs.)
Shares in Snowflake soared 30% after the market closed Wednesday following a Wall Street Journal report that Amazon Web Services has signed up the cloud-storage company as its latest chips customer. Snowflake, whose shares have bounced back of late after a slump earlier this year, also reported quarterly earnings on Wednesday.
The cloud-storage company joins Apple and Meta as one of AWS’s largest customers for CPU-based computing. Snowflake shares soared 30% after the closing bell.
Cloud data platform provider Snowflake (NYSE:SNOW) beat Wall Street’s revenue expectations in Q1 CY2026, with sales up 33.5% year on year to $1.39 billion. Its non-GAAP profit of $0.39 per share was 21.9% above analysts’ consensus estimates.
Snowflake has signed a new, enormous five-year deal with Amazon to secure chips for AI usage. Nvidia is once again being put on notice.
Cloud-based data analytics platform Snowflake raised its annual product revenue forecast on Wednesday, signaling growing demand for AI-driven workloads and cloud migrations. The company's growth was fueled by surging enterprise demand for its core data warehousing products and growing uptake of its AI offerings, with migrations from legacy systems and increased use of machine learning tools adding momentum. Snowflake enables businesses to store, analyze and share large volumes of data across applications and users.
Snowflake said on Wednesday it has signed a $6 billion deal with Amazon Web Services, with the investment tied to AWS' Graviton processors and AI chip infrastructure.
Snowflake Inc (NYSE:SNOW) is set to report first-quarter fiscal 2027 results after the close on Wednesday, with Wedbush Securities saying the Street's $1.32 billion revenue estimate is too conservative as enterprises ramp up AI spending built on internal data infrastructure. Wedbush analyst...
The biggest IPO conversation right now centers on SpaceX’s reported June 12 listing. Gavin Baker, founder and Chief Investment Officer of Atreides Management, thinks investors are watching the wrong name. On a recent episode of the Invest Like the Best YouTube channel, Baker argued that Anthropic, the private AI lab behind Claude, has a more ... An Upcoming IPO Could Soon Surpass NVIDIA As The World’s Most Valuable Company (It’s Not SpaceX)
June S&P 500 E-Mini futures (ESM26) are up +0.36%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.56% this morning as optimism surrounding artificial intelligence and hopes for a U.S.-Iran peace deal boosted sentiment.
US stock futures wavered as investors watched for updates on negotiations between the US and Iran.

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).
Find insight on Salesforce, Snowflake, Spotify and more in the latest Market Talks covering Technology, Media and Telecom.
Snowflake (SNOW) is a "strong" second-derivative player in the artificial intelligence revolution an
Snowflake (NYSE:SNOW) has secured a OneGov contract with the U.S. General Services Administration. The agreement gives all U.S. federal agencies access to Snowflake's AI and cloud data products. The OneGov framework is intended to support modernization of government data infrastructure across agencies. For investors tracking NYSE:SNOW, this OneGov contract places the company in the middle of federal data modernization efforts. Snowflake focuses on cloud-based data platforms and AI tools,...
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.
Data from Stocktwits shows that retail sentiment has cooled slightly to ‘bullish’ on SPY and QQQ, signaling some caution after the market’s sharp AI-driven rally.
This week, investors will get their latest sense of how the American consumer is grappling with the wartime inflation surge. Earnings are due from retailers like Costco and Dollar Tree, and the personal-consumption expenditures index for April is scheduled for release.