Home Technology Snowflake lifts annual product revenue forecast, shares soar

Snowflake lifts annual product revenue forecast, shares soar

Snowflake lifts annual product revenue forecast, shares soar

Written By:
Published: September 3, 2026 01:45:06 IST

Add NewsX As A Trusted Source

Sept 2 (Reuters) – Snowflake raised its full-year product revenue forecast on Wednesday, betting on strong demand for its cloud data platform and AI offerings, sending its shares up more than 20% in

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

RELATED News

US government backs OpenAI in New York Times copyright case

US government backs OpenAI in New York Times copyright case

Clooney tells Venice festival that AI threatens film and journalism

CD Projekt H1 profit jumps 37%, beats estimates

More than a dozen Serbians targeted with mercenary spyware, digital rights group finds

LATEST NEWS

Mexican musician, family members slain in gruesome shooting at upscale penthouse

Microsoft to reveal Azure cloud sales in financial reporting shift

Briton Brennan triumphs in Vuelta stage 11, Mas retains red

BRIEF-Costco Wholesale Corporation Reports August Sales Results

Snowflake lifts annual product revenue forecast, shares soar

HPE raises annual forecasts as AI, networking demand lifts quarterly revenue

Julianne Moore to be honoured with Golden Icon Award at 22nd Zurich Film Festival

Briton Brennan triumphs in Vuelta stage 11, Mas retains red

ELLIOTT WANTS DEUTSCHE TELEKOM TO CONSIDER ALTERNATIVE WAYS TO UNLOCK SHAREHOLDER VALUE, INCLUDING LARGER SHARE BUYBACKS- BLOOMBERG NEWS

Waymo taps Pimco, Blackstone to raise $3 billion debt, Bloomberg News reports

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

QUICK LINKS

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

Group Websites

QUICK LINKS