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- CNBC5/28/2026, 2:10:59 PMSnowflake surges 35% toward best day ever on AI frenzy, fueling software rally
Snowflake shares surged approximately 35%, on pace for their best single-day gain ever, driven by AI-related enthusiasm. The move lifted peers including ServiceNow, Oracle, and Palantir, though Salesforce moved against the trend. No specific earnings, product, or deal catalyst is detailed in the article beyond broad AI sentiment.
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