Snowflake Announces $6 Billion Cloud Infrastructure Deal with AWS
Snowflake (SNOW) reported a strong Q1 FY2027, driven by revenue growth, margin improvements, and customer additions. The company's stock surged 38% in pre-market trading following the announcement of a five-year, $6 billion cloud infrastructure deal with Amazon Web Services (AWS), doubling its previous agreement.
Tickers: $SNOW
Topics: AI data platform AWS deal customer additions revenue growth Snowflake