
Snowflake stock surges 21% as AI demand fuels Q2 growth
Enterprise software experienced severe market turmoil in early 2026. However, Snowflake stock ignited an explosive rally following stellar Q2 fiscal 2027 results. The cloud platform reported $1.49 billion in product revenue. That figure represents a 37% year-over-year increase. Enterprise buyers are actively shifting capital from seat-based software toward AI-native data









