sending its stock higher

Shares of the cloud data warehouse provider Snowflake Inc. rose more than 4% in extended trading today after it beat Wall Street’s sales estimates in its fiscal first-quarter earnings report and raised its full-year guidance. In addition, the company revealed a plan to acquire assets from TruEra Inc., which makes tools for observing and assessing the reliability of AI models. The company cited strong demand from customers that are keen to leverage its services for their artificial intelligence projects. It reported first-quarter earnings before certain costs such as stock compensation of 14 cents per share, short of the consensus estimate of 18…