Snowflake’s stock has been on fire, and earnings are fueling the rally further - MarketWatch
1. Snowflake's stock rose over 31% in a month and 7% after earnings. 2. Quarterly revenue exceeded $1 billion, marking a significant milestone. 3. Product revenue grew 26% year-over-year, surpassing analyst expectations. 4. Full-year revenue forecast increased to $4.325 billion, 25% higher than last year. 5. Management shows confidence in near-term demand despite macro challenges.