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1 min read
US stocks rise after 3-week selloff as traders look ahead to key earnings and Powell speech
Markets are expecting key AI firms to report earnings and Powell to deliver his remarks on the US e…
Jennifer Sor
2 mins read
Buffett-backed cloud unicorn Snowflake nets $3.4 billion in record-breaking software IPO
The cloud-data platform plans to list on the New York Stock Exchange under the ticker symbol SNOW o…
Shalini Nagarajan
2 mins read
Warren Buffett's Berkshire Hathaway approaches 200% gain on Snowflake in under 3 months
The famed investor's company plowed $735 million into the cloud-data platform in September, giving …
Theron Mohamed
1 min read
Warren Buffett's Berkshire Hathaway scores $1 billion gain on Snowflake stock
The billionaire investor's company spent $735 million on shares in the cloud-data platform that are…
Theron Mohamed
2 mins read
Billionaire investor Dan Loeb follows Warren Buffett and Marc Benioff into Snowflake
Loeb's Third Point fund revealed the cloud-data platform was one of its best-performing bets in Sep…
Theron Mohamed
2 mins read
Warren Buffett was blasted as 'washed up' for not buying during the coronavirus crash. Berkshire Hathaway has announced $19 billion of investments this quarter
Buffett's company backed Scripps, bought Snowflake and Bank of America shares, snapped up Dominion …
Theron Mohamed
2 mins read
Warren Buffett's Berkshire Hathaway discloses Snowflake stake, confirming a rapid $800 million gain
The billionaire investor's company spent $735 million on shares that have more than doubled in valu…
Theron Mohamed
2 mins read
Snowflake's stock can double from current levels if the cloud-data platform outshines top rival Oracle, a strategist says
Oracle provides "on-premise" data warehousing whereas Snowflake offers "off-premise" data storage, …
Shalini Nagarajan
2 mins read
Warren Buffett's $570 million bet on Snowflake shows he completely trusts his deputies, investor Jake Taylor says
"Any lingering doubts that these guys get to invest however they want has been extinguished," the F…
Theron Mohamed
1 min read
Warren Buffett's Berkshire Hathaway plans to plow $570 million into Snowflake. Its last IPO bet has gained 110% in 2 years
The famed investor's company bought an 11% stake in StoneCo, a Brazilian digital-payments company, …
Theron Mohamed
4 mins read
Why Warren Buffett's $570 million bet on Snowflake is rarer than any unicorn
Buffett's Berkshire Hathaway plans to invest in the software group when it goes public, despite the…
Theron Mohamed
2 mins read
Warren Buffett's Berkshire Hathaway is set to plow more than $550 million into Snowflake when the cloud-data company goes public
The famed investor's company has agreed to buy $250 million of stock in a private placement and ove…
Theron Mohamed
8 mins read
Snowflake India’s Country Manager shares how COVID-19 accelerated cloud adoption in India
Data can make online advertising more effective, increasing its value for the AdTech industry: Vima…
2 mins read
How Snowflake CEO Frank Slootman became a billionaire by ripping up the 'nice guy' Silicon Valley playbook
Slootman has reached nearly mythic status in Silicon Valley as he continues to captain the ship at …
Katie Warren
1 min read
Gen Zers know they're stereotyped as 'snowflakes' but say they're resilient, having lived through the pandemic and 2008 financial crisis, report says
Gen Z considers itself resilient and practical after having lived through a financial crisis, pande…
Kate Duffy
1 min read
Some money managers and family offices for the ultra rich like Mark Zuckerberg dumped tech stocks just before the sector's big rally that kicked off 2023
Stan Druckenmiller's family office dumped its Amazon and Microsoft shares, which have since soared …
Morgan Chittum
2 mins read
Warren Buffett's Berkshire Hathaway gets back to basics with $600 million Scripps deal after shock bets on Snowflake and Barrick Gold
The famed investor's company will receive preferred shares and a stock warrant, echoing past deals …
Theron Mohamed
2 mins read
These were Warren Buffett's 10 best performing stocks held by Berkshire Hathaway in 2022
Some of the best performers have been owned by Buffett for decades, like Coca-Cola, while others ar…
Matthew Fox
1 min read
3 Snowflake founders are now officially billionaires after the Buffett-backed data storage company's record-breaking IPO
Snowflake CEO Frank Slootman became a billionaire Wednesday after the data firm's record-breaking I…
Taylor Nicole Rogers
4 mins read
It's smackdown season in techland
In this week's edition of Insider Tech we take a look at some of the big rivalries shaping the tech…