Snowflake’s stock is on fire as AI acceleration drives record product-revenue growth
Earnings
Snowflake crushed Q1 estimates, raised full-year guidance, and locked in a $6B expanded partnership with AWS, sending shares surging in after-hours despite a -1.3% regular-session close. The setup pits a momentum re-rating against 23 insider sells in 30 days and a consensus that is already heavily Buy-skewed, leaving limited room for multiple expansion.
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↓ SHORT-8% target+6% stop1-2 weeks post-earnings gap fill
Fade the SNOW after-hours rip to ~$185-190 resistance and watch for a fade-back trade once the dust settles — insiders are selling hard and consensus is already max-bullish, limiting sustained upside.