Snowflake Stock Rallies on Rising Revenue
Snowflake (SNOW) stock is surging Thursday after the cloud company beat top- and bottom-line expectations for its fiscal 2025 fourth quarter, issued a better-than-expected revenue forecast for 2026 and announced an expanded partnership with Microsoft (MSFT).In the three months ending January 31, Snowflake's revenue increased 27.4% year over year to 943.3 million. Earnings per share (EPS) declined 14.3% from the year-ago period to 30 cents."We de ...