Shares of Snowflake surged 13% after posting Q2 fiscal 2026 earnings that beat expectations. Adjusted earnings were 35 cents per share, exceeding the Zacks Consensus Estimate of 26 cents. Revenues rose 32% to $1.1 billion, beating the consensus estimate. Snowflake raised its forecast for fiscal 2026 product revenues due to strong demand for data analytics services driven by AI adoption. The company now projects annual product revenues of $4.40 billion. ETFs with exposure to Snowflake include SPYA, LRNZ, and CLOU, which may benefit from Snowflake’s growth.

Read more at Zacks Investment Research: Snowflake Stock Surges on Earnings Beat: ETFs in Focus – August 28, 2025