Snowflake Earnings Beat. Why Snowflake's AI Product Strategy Is Jelling.

Snowflake (SNOW) stock jumped on Thursday after the company reported second-quarter earnings and revenue that handily beat Wall Street targets. The company raised full-year product revenue guidance amid growing demand for new artificial intelligence coding products. The enterprise software maker released the Snowflake earnings report after the market close. Product revenue growth accelerated for the third straight quarter. Snowflake sells…