Snowflake's Earnings Rally Sparks Attention in ETFs With High Exposure
Snowflake (SNOW) surged over 38% premarket after reporting better-than-expected Q1 fiscal 2027 results and announcing a major AI infrastructure deal with Amazon Web Services. The stock remains down year-to-date, but the rally has drawn attention to ETFs heavily exposed to Snowflake.
Topics: AI infrastructure cloud computing earnings report stock rally