Snowflake

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Snowflake stock closed up 36% on Thursday, its best day ever, after the company boosted guidance and announced an AI compute deal with Amazon (cnbc.com)

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Snowflake's stock surged 36% on Thursday, marking its best day ever, following the company's announcement of a new AI compute deal with Amazon and boosted guidance.

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Snowflake reports Q1 revenue up 33% YoY to $1.39B, vs. $1.32B est., and commits to spending $6B on AWS over five years; SNOW jumps 29%+ after hours (cnbc.com)

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Snowflake reported a 33% year-over-year increase in Q1 revenue to $1.39 billion, exceeding estimates of $1.32 billion. The company also committed to spending $6 billion on Amazon Web Services (AWS) over the next five years.

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