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Posts published by “Leigha Michaud”

Buffett-backed cloud unicorn Snowflake nets $3.4 billion in record-breaking software IPO | Markets

REUTERS/Scott Olson Snowflake, backed by the billionaire investor Warren Buffett, said it would raise $3.4 billion on Wednesday in the largest software initial public offering.The cloud-data platform said on Tuesday that it would sell 28 million shares priced at $120 apiece, valuing it at over $33 billion.Snowflake plans to list on the New York Stock…