Browsing: Snowflake

Examining Berkshire Hathaway’s decision to sell its Snowflake holdings and whether it was the right move, considering the company’s recent performance and future prospects.

Data cloud company Snowflake is launching an AI hub in Menlo Park, California, and plans to invest up to $200 million in early-stage AI startups.

The S&P 500 and Nasdaq experienced significant declines on Thursday, driven by a slump in Nvidia shares following its earnings report and concerns about a cooling U.S. economy. Investors also reacted to downbeat forecasts from Salesforce and rising jobless claims.