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Snowflake Just Lit Up the AI Trade: This ETF Explodes 45%

Source: benzinga.com

Corporate EarningsCorporate Guidance & OutlookCompany FundamentalsMarket Technicals & Flows
Snowflake Just Lit Up the AI Trade: This ETF Explodes 45%

Snowflake shares rallied over 22% after a strong fiscal Q2 report and upbeat guidance, lifting the T-Rex 2X Long SNOW Daily Target ETF (BATS:SNOU) on Thursday. The ETF move appears directly linked to Snowflake’s earnings beat and forward outlook, supporting a bullish near-term risk appetite in SNOW-linked exposure.

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