Snowflake stock hovers near 5-year high: How strong AI demand sparked a 26% share rally
https://www.livemint.com/market/stock-market-news/snowflake-stock-hovers-near-5-year-high-how-strong-ai-demand-sparked-a-26-rally-11788444778421.html
Snowflake shares jumped 26% to $384 after the company reported a 37% rise in product revenue for the quarter, surpassing Wall Street expectations. Its updated outlook predicts $6.07 billion in product revenue for the fiscal year, fuelled by increased AI and cloud platform adoption.
September 3, 2026 4
