Snowflake’s stock price just soared to a 2026 high thanks to AI. So what happened to the SaaSpocalypse?

The AI data cloud provider blew away earnings expectations, raised its guidance, and expanded its collaboration with AWS.

Snowflake CEO Sridhar Ramaswamy [Photo: Justin Sullivan/Getty Images]

Shares in the AI data cloud provider Snowflake Inc (NYSE: SNOW) are surging this morning in premarket trading after the company reported better-than-expected results for its Q1 2027.

Here’s what you need to........

© Fast Company