After a sensational debut Snowflake on the NYSE on Wednesday, shares of the cloud storage and processing company are expected to fall ahead of trading on Thursday. Shares of Snowflake fell to 4.3%. Snowflake brought 28 million shares to the public market to raise $ 3.36 billion during the largest software IPO in history. Shares […]
Warren Buffett’s US company – Berkshire Hathaway intends to invest more than $ 570 million in Snowflake, a cloud technology company. It was reported after Snowflake announced a price range for its future initial public offering. The company wants to get the estimate of $ 23.7 billion, writes the Financial Times. Snowflake said that during […]
Last week, Berkshire Hathaway has submitted a report form 13F to the Securities and Exchange Commission (SEC) for the second quarter of 2020, by providing an updated information about its portfolio of shares for publicly traded companies. The portfolio of one of the most famous in the world of investment companies headed by Chairman and […]
The investment company of billionaire Warren Buffett’s Berkshire Hathaway in the II quarter 2020 net income increased due to higher cost of investment after the rise of stock markets and the collapse in the first quarter due to coronavirus pandemic. During the reporting period the company received $ 26.3 billion in net profit to $ […]
On Sunday, Dominion Energy, one of the largest energy companies in the United States, announced a final agreement to sell virtually all of its assets in the gas transportation and storage segment of Berkshire Hathaway Inc. under a deal valued at $9.7 billion, including its current debt of $5.7 billion. The deal with Dominion will […]