AIBullishBlockonomi · 3h ago6/10
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Snowflake (SNOW) Stock Surges 100% From Low: Can the Rally Continue?
Snowflake (SNOW) stock jumped 7% following stronger-than-expected Q1 results, with revenue reaching $1.33B and full-year guidance raised to $5.84B, driven by accelerating AI adoption on its platform. The stock has already surged 100% from recent lows, raising questions about sustainability of the rally.