Snowflake crushes earnings and locks in a $6B Amazon deal — buy the AI-data breakout
Snowflake just reported record product revenue growth, raised its annual outlook, and locked in a massive $6 billion expansion of its partnership with Amazon's AWS. The stock is soaring toward what could be its biggest single-day gain ever.
Idea
Snowflake isn't just beating expectations — it's posting record product revenue driven by AI demand, and backing it up with a $6 billion AWS commitment that locks in future growth. When a cloud-data company simultaneously raises guidance and deepens its tie-up with Amazon, it signals that enterprise AI spending is actually accelerating, not just being talked about. Post-earnings momentum on a stock surging this hard tends to carry forward for days as analysts rush to raise price targets and institutional buyers build positions. The broader market weakness from geopolitical tensions may even create a better entry point if the stock dips on general fear.