Snowflake’s stock price just soared to a 2026 high thanks to AI. So what happened to the SaaSpocalypse?

Snowflake’s stock price just soared to a 2026 high thanks to AI. So what happened to the SaaSpocalypse?

💼 Finance & Business
Summary

Shares in the AI data cloud provider Snowflake Inc (NYSE: SNOW) are surging this morning in premarket trading after the company reported better-than-expected results for its Q1 2027. Here’s what you need to know about those results, and how SNOW stock is reacting.

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