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Market Impact: 0.45
Snowflake lifts annual product revenue forecast, shares soar
Source: reuters.com
Artificial IntelligenceCorporate Guidance & OutlookCompany FundamentalsTechnology & InnovationAnalyst Insights
Snowflake raised its full-year product revenue forecast, citing strong demand for its cloud data platform and AI offerings. The upbeat guidance drove a >20% jump in shares in extended trading, reflecting positive investor reaction to improved demand expectations.
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