BlockBeats News, September 3rd, according to BIT (bit.com) market data, US stocks of AI application software surged. Snowflake soared over 21% after its earnings, ServiceNow rose over 6%, Palantir rose nearly 6%, Salesforce rose nearly 4%, and Applovin rose over 3%.

Snowflake previously announced its financial results for the second quarter of the 2027 fiscal year ending July 31, 2026. Product revenue reached $14.9 billion, a 37% year-over-year increase; total revenue reached $15.5 billion, a 35% year-over-year increase.