What SaaSpocalypse? Snowflake stock skyrockets on AI-driven earnings


Snowflake (SNOW) stock is skyrocketing after the company reported quarterly earnings that beat analysts’ estimates. Salesforce’s (CRM) earnings also beat Wall Street’s estimates, though its second quarter revenue outlook fell short.

Guggenheim Securities senior research analyst and senior managing director of software, John DiFucci, joins Yahoo Finance to explain why Snowflake is surging and why Salesforce is falling flat.



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