Snowflake’s stock pops as AI momentum drives solid earnings and revenue beat

Shares of Snowflake Inc. popped in extended trading after the cloud-based data storage giant reported better-than-expected second-quarter earnings and revenue and issued upbeat guidance for the rest of the year. The company reported adjusted earnings of 35 cents per share, easily topping Wall Street’s consensus view of 27 cents per share. Revenue for the period […]

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