Snowflake just posted record AI growth and a $6B Amazon deal — buy the cloud-data breakout
Snowflake just reported explosive earnings powered by AI demand, raised its full-year forecast, and signed a massive $6 billion partnership deal with Amazon's cloud division. The stock is surging toward a record gain.
Idea
Snowflake's earnings beat wasn't just a small surprise — they posted record product revenue growth, raised their full-year outlook, and committed to a $6 billion expanded partnership with Amazon Web Services. That $6 billion figure signals Amazon is betting big on Snowflake as a core piece of AI infrastructure, which gives Snowflake reliable, multi-year revenue visibility. When a company this size locks in that kind of partnership, it often attracts more large enterprise customers who want the same AWS-integrated experience. The stock is already surging, but history shows that post-earnings momentum in high-growth names with raised guidance can run for several weeks as analysts scramble to upgrade their price targets.