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SNOW shares rally after-hours on AI-driven fiscal Q2 results and guidance raise

Snowflake posted strong fiscal second-quarter results and raised full-year sales guidance above Wall Street expectations, as accelerating demand for its AI tools supported revenue growth.

SNOW

Snowflake Inc. (SNOW) delivered strong fiscal second-quarter financial results on Wednesday, lifting its full-year sales guidance above Wall Street expectations.The cloud data platform benefited heavily from accelerating demand for its artificial intelligence tools, which continue to drive enterpri…