Markets

Microsoft could soar 16% on ‘unparalleled’ cloud dominance and continued work-from-home, says Wedbush senior tech analyst

Microsoft could gain 16% over the next year as cloud computing becomes a “transformational secular trend,” according to Dan Ives, Wedbush senior technology analyst. His team explained in a note to clients that the current work-from-home environment is catalyzing more workplaces to adopt cloud technologies, and Microsoft’s cloud computing platform […]
Microsoft could soar 16% on ‘unparalleled’ cloud dominance and continued work-from-home, says Wedbush senior tech analyst
Markets

Warren Buffett’s Berkshire Hathaway scores $1 billion gain on Snowflake stock

Warren Buffett’s Berkshire Hathaway has scored a $US1 billion gain on its Snowflake shares. The billionaire investor’s company spent about $US735 million for 6.1 million Snowflake shares when the cloud-data platform went public last month. Snowflake’s stock price jumped 18% in two days to close at nearly $US300 on Thursday, […]
Warren Buffett’s Berkshire Hathaway scores $1 billion gain on Snowflake stock
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