Snowflake spikes 22% on healthy results and AI coding momentum

* Snowflake stock surged 22% after strong Q2 earnings beat * Revenue jumped 35% YoY to $1.55B, beating expectations * Raised full-year product revenue forecast to $6.07B Snowflake shares jumped 22% after reporting Q2 results that beat estimates. Revenue rose 35% YoY to $1.55B vs. $1.48B expected, with adjusted EPS of 62 cents vs. 45 cents forecast. The company reported a narrower net loss of $192M. Snowflake highlighted gains from its AI coding agent CoCo, now with 9,100 accounts. For Q3, it guided product revenue to $1.59B vs. $1.50B consensus. Full-year product revenue forecast was raised to $6.07B from $5.84B, with adjusted operating margin expected at 14.5%.