Snowflake Stock Soars on Earnings Beat and Amazon Cloud Investment

Snowflake's stock surged by 30% after the company reported an earnings beat and unveiled plans to invest $6 billion in Amazon's Web Services, including the use of Arm-based Graviton chips.

27 May, 20:27 — 27 May, 20:27

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cnbcMostly Factual1d ago

Snowflake soars 30% on earnings beat and plan to spend $6 billion on Amazon cloud

Snowflake is going deeper with Amazon's Web Services, and plans to use its Arm-based Graviton chips.

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Snowflake Stock Soars on Earnings Beat and Amazon Cloud Investment

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Snowflake soars 30% on earnings beat and plan to spend $6 billion on Amazon cloud

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