Snowflake shares are trading higher Thursday alongside Salesforce, which posted stronger-than-expected Q2 results and raised its FY outlook.

Salesforce faces high expectations for Q2 earnings after a rough first half of the year. Investors will be watching Agentforce guidance.

The software company reported $11.35 billion in second-quarter revenue and now expects $46.1 billion to $46.4 billion for the full year