Snowflake's AI-Powered Growth Trajectory Remains Strong, Says Analyst

Snowflake (NYSE:SNOW) stock surged on Wednesday, backed by continued AI frenzy, as the company capitalizes on growing demand for its data warehousing and AI-driven products. With a notable 26% year-to-date gain, the firm remains a key player in the AI data cloud market, driven by strong momentum in its core offerings like Cortex AI and Snowpark. This comes as major tech giants, including Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT), and Google parent Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG