BUZZ-Snowflake jumps after $6 billion AWS deal, annual product revenue forecast raise

Snowflake
Amazon.com, Inc.

Snowflake

SNOW

0.00

Amazon.com, Inc.

AMZN

0.00

** Shares of data analytics firm Snowflake SNOW.N jump 34.6% to $235.55 in extended trading

** SNOW raises its annual product revenue forecast and announces a five-year deal worth $6 billion with Amazon Web Services AMZN.O

** Co now expects product revenue of $5.84 bln for fiscal 2027 vs prior view of $5.66 bln

** Up to last close, SNOW down ~20% YTD


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