Snowflake spikes 22% on healthy results and AI coding momentum
Reported by CNBC · cnbc.com · September 2, 2026
Snowflake business is growing quickly, in part thanks to adoption of an artificial intelligence agent for writing code.
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What to watch: This report cites a concrete figure (22%) — compare it against the trailing trend before treating one data point as a turning point.
Market reaction today: $SNOW -5.41%
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