🟢 SNOW is trading 37.5% up today after beating Q1 estimates and raising its fiscal 2027 outlook

Snowflake is trading at $240.72 (+37.5%) after its May 27 earnings report exceeded expectations and the company raised its long-term guidance.

• Reported $1.39 billion in total revenue, with product revenue growing 34% year-over-year.
• Management raised the fiscal 2027 product revenue outlook, citing strong core platform usage and momentum in new AI products.