Major deals

Berkshire Hathaway will invest $250 million in Snowflake's IPO at the closed sales stage and will also buy 4.04 million shares from former CEO Bob Muglia. The total investment is expected to amount to $674.4 million. Snowflake, the developer of the cloud platform for data storage and processing. It allows to combine information into a single system, which the company calls the "source of truth".