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These stocks are best-positioned to gain in the next wave of AI investment, Goldman Sachs says

As AI investment has rebounded in recent weeks, Goldman Sachs analysts recommend "platform" stocks …

Kelly Cloonan   


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Warren Buffett is betting on a glow-up for Ulta Beauty

Warren Buffett's Berkshire Hathaway added Ulta Beauty and Heico to its stock portfolio last quarter…

Theron Mohamed   


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The Nvidia-led AI boom will eventually spread to these 3 areas of the stock market, Goldman says

Goldman Sachs sees plenty of AI upside left as stock gains spread around to more companies in the f…

Matthew Fox   


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Stock market today: US futures drop ahead of key economic growth figures

S&P 500, Nasdaq 100, and Dow Jones Industrial Average futures fell as Wall Street worried that stro…

Theron Mohamed   


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Snowflake's Frank Slootman vehemently denied a BI report in June that he may be leaving. Now he's gone and the stock is down 20%.

Frank Slootman denied chatter that he would soon retire last year. He just announced he's leaving t…

Ellen Thomas   


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The AI boom is unraveling the most dominant tech trade of the last decade

"The cart is in front of the horse as it relates to GenAI software, there's just no applications," …

Matthew Fox   


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US stocks rise as tech sector leads rally amid high hopes for Nvidia earnings

Stocks looked to break out of the August slump as investors gear up for Nvidia earnings and the Fed…

Filip De Mott   


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The AI boom will power 2 big stock market trades over the next decade, Goldman Sachs says

"The estimated AI-driven earnings boost is likely to occur over the next few years, but should be r…

Matthew Fox   


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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   


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DoorDash, Honest Co., and other recently IPOed stocks tumble amid a broader market sell-off

Newly public companies including Shoals Technologies, Snowflake, and Bumble, and Compass hit all-ti…

Emily Graffeo   


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Cloud-storage firm Snowflake is now more valuable than IBM after 258% post-IPO rally

Snowflake's first public earnings report earlier this month revealed triple-digit revenue growth fo…

Matthew Fox   


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Warren Buffett's Berkshire Hathaway made $800 million on Snowflake's first day of trading as the stock spiked

Snowflake's debut drew extraordinary investor demand, making it the largest software IPO ever and t…

Ben Winck   


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Snowflake explodes 165% higher on first day of trading after biggest US IPO of 2020

The company raised $3.4 billion in its Wednesday initial public offering, cementing it as the bigge…

Ben Winck   


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Billionaire investor Dan Loeb seems to have sold all of his Snowflake stock within days of buying it

Loeb's Third Point highlighted the cloud-data platform as one of its winning bets in September, but…

Theron Mohamed   


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Microsoft's $3 trillion market cap milestone is the latest in a string of wins for Big Tech's elder statesman

In today's big story, we're looking at Microsoft notching another big win by briefly reaching a $3 …

Dan DeFrancesco   


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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   


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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   


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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   


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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   


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Theron Mohamed