Snowflake stock jumps to fresh highs as CEO Sridhar Ramaswamy touts AI enterprise boom

Snowflake has had a good 24 hours. On Wednesday, August 27, the cloud-based data storage company announced its second-quarter earnings and reported $1.1 billion in revenue—a 32% jump year-over-year (YOY). The company’s second quarter of fiscal year (FY) 2026 also saw a net revenue retention rate…
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