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The Nexus
BUSINESSMay 27 · 23:15 UTCMARKETWATCHTomi Kilgore

Snowflake’s stock is on fire as AI acceleration drives record product-revenue growth

Snowflake's stock surged toward a record high following an earnings beat, a raised outlook, and a $6 billion commitment to expand its collaboration with Amazon’s AWS. The company reported record product-revenue growth driven by AI acceleration.

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