SNOU surges as Snowflake jumps on strong Q2 and guidance
The T-Rex 2X Long SNOW Daily Target ETF surged after Snowflake rose more than 22% on a strong fiscal second-quarter report and raised fiscal 2027 product revenue guidance.
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Snowflake surges 33%
Snowflake beats earnings expectations, plans to spend $6 billion on Amazon cloud services. The company will use Amazon's Arm-based Graviton chips.