Stock Track | Snowflake Soars 35.85% in Pre-Market on Strong Q1 Earnings Beat, Raised Guidance and $6 Billion AWS Deal

Stock Track

05/28

Snowflake's stock experienced a pre-market surge of 35.85% on Thursday, following a significant after-hours rally the previous session.

The sharp move was triggered by the company's fiscal first-quarter 2027 earnings report, which surpassed analyst expectations. Snowflake reported adjusted earnings of $0.39 per share, beating estimates of $0.32, and revenue of $1.39 billion, above the $1.32 billion consensus. The company also raised its full-year product revenue forecast to $5.84 billion from a prior outlook of $5.66 billion.

Concurrently, Snowflake announced a major multi-year strategic collaboration agreement with Amazon Web Services, committing $6 billion over five years to access AWS's Graviton chips and AI infrastructure to accelerate enterprise agentic AI adoption. The company also signed a definitive agreement to acquire Natoma, an AI agent connectivity platform, further strengthening its position in the AI ecosystem.

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The company also signed a definitive agreement to acquire Natoma, an AI agent connectivity platform, further strengthening its position in the AI ecosystem.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNOW","symbol_name":"Snowflake","start_time":0,"source_url":"","article_id":"1189543260","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1189543260","pubTimestamp":1779955543,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Snowflake's stock experienced a pre-market surge of 35.85% on Thursday, following a significant after-hours rally the previous session.The sharp move was triggered by the company's fiscal...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SNOW":"Snowflake"},"translate_title":"个股追踪|Snowflake盘前飙升35.85%，因Q1盈利强劲、指引上调和60亿美元AWS交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SNOW":1},"content_text":"Snowflake's stock experienced a pre-market surge of 35.85% on Thursday, following a significant after-hours rally the previous session.The sharp move was triggered by the company's fiscal first-quarter 2027 earnings report, which surpassed analyst expectations. 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