Reported about 11 hours ago
In the second quarter of 2024, Warren Buffett's Berkshire Hathaway sold 11 stocks, drawing attention particularly for his significant reduction in Apple shares and the complete exit from Snowflake. Despite Buffett's exit, Wall Street analysts are bullish about Snowflake's prospects, forecasting a potential 45% increase in its stock price over the next 12 months, fueled by strong revenue growth and a favorable market position in the data cloud sector.
Source: YAHOO