Snowflake shares rose 22% in extended trading on Wednesday after the data analytics software maker reported results and guidance that surpassed expectations. ^[1] Snowflake Inc. reported Q2 FY2027 results after market close on September 2, 2026, with revenue of $1.55B, up 35% year over year versus $1.48B expected. ^[2] Snowflake reported adjusted EPS of $0.62 versus $0.45 expected, representing a 37.8% surprise. ^[3] The authors propose CORE, a framework that synthesizes candidate lists spanning five compositional matching levels to improve MLLM-based embedding models. ^[4] For the fiscal third quarter, Snowflake forecast $1.59 billion in product revenue, which is above the $1.50 billion consensus among analysts polled by StreetAccount. ^[5] The company pointed to gains from the CoCo artificial intelligence coding agent, which now has 9,100 accounts, an increase of over 2,000 during the quarter. ^[6] Snowflake raised its FY2027 product-revenue guidance to $6.07B from the previous expectation of $5.84B. ^[7] Snowflake's non-GAAP operating margin expanded to 15.3%, compared to 11% a year earlier. ^[8] CORE-EMBED-8B achieves the best total average of 0.666 among all evaluated embedding models across the benchmarks. ^[9]