Snowflake (NYSE:SNOW) just dropped a bombshell, and Wall Street couldn’t look away. Shares skyrocketed over 30% on Thursdayits best single-day gain since going public in 2020. What sparked the frenzy? A juiced-up product revenue forecast of $3.43 billion for fiscal 2025, up from $3.36 billion. And that’s not all: Snowflake unveiled a game-changing partnership with Anthropic, letting customers supercharge AI applications with state-of-the-art language models directly on its cloud platform. New CEO Sridhar Ramaswamy, the brain behind Snowflake’s AI pivot, is proving he’s not just running the playbookhe’s rewriting it.
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