SNOW is trading 5.3% up at $251.97 following a strong post-earnings rally and a landmark infrastructure deal with Amazon AWS.
- Snowflake reported better-than-expected Q1 results and raised its full-year product revenue guidance, signaling robust demand for its data platform.
- The company announced a five-year, $6 billion collaboration with AWS to expand cloud and AI infrastructure, solidifying its position as a key AI data player.
- The stock is extending a massive 36% jump from May 28 as investors digest the long-term impact of the AWS partnership and improved growth outlook.