Snowflake Soars 23% as AI-Fueled Guidance Raise Tops Estimates, Oracle Advances 3%, Cloudflare Edges Higher

Snowflake shares jumped 23% to $377.11 after the company delivered a much stronger-than-expected fiscal Q2 and raised its full-year outlook. The upside reaction signals materially better operating performance versus expectations, supporting a bullish repricing of SNOW’s forward growth profile.