5 new investment tips you can steal from Warren Buffett

Friday, 7 May 2021, 00:00:00
The Oracle of Omaha shared these nuggets of wisdom at his company’s recent annual meeting
— Yahoo Finance

The Oracle of Omaha Definition

Wednesday, 5 May 2021, 23:42:23
The Oracle of Omaha is a nickname for Warren Buffett, chairman and CEO of Berkshire Hathaway, who is arguably one of the greatest investors of all time.
— Investopedia

The CEO of $1.95 billion ThoughtSpot explains how its new product for startups and tech companies fits into its master plan for an IPO

Tuesday, 4 May 2021, 17:00:00
Summary List Placement With 600 employees and a valuation of $1.95 billion, the nearly decade-old analytics startup ThoughtSpot is aiming to reinvent itself as a cloud company before it undergoes its planned IPO . On Tuesday, the company is expected to launch a new product called ThoughtSpot Everywhere to help developers easily build analytics into their products with a minimum of coding required. It's also acquiring Diyotta, a North Carolina and India-based company that builds integration tools for data analysis, focused on the cloud. ThoughtSpot declined to disclose financial details of the acquisition. With a recent $20 million investment from cloud data storage company Snowflake under its belt , the Sunnyvale, California-based ThoughtSpot has also been focused on moving its entire business to the cloud, including helping customers using their own private data centers make that transition themselves. Of those customers, CEO Sudheesh Nair told Insider that about 80% are planning to make the cloud transition, and many are large enterprises in finance that follow a “herd mentality” when it comes to IT.
— Business Insider

Can Warren Buffett, the Oracle of Omaha, still see the future?

Monday, 3 May 2021, 14:06:09
Warren Buffett's ability to pick investments that pay off over the long term has transformed him into a billionaire and made him the world's most famous investor. But as the planet heats up, his positions on the climate look increasingly short-sighted.
— CNN

Cybersecurity firm Darktrace floats at $2.37 billion valuation as shares soar 38% in early trading

Friday, 30 April 2021, 10:38:22
Summary List Placement Shares in cybersecurity firm Darktrace soared as much as 38% when they started trading in London on Friday. The Cambridge, UK-based company, which uses a so-called “AI immune system” to detect abnormalities in a customer's network, was valued at £1.7 billion ($2.37 billion) in its initial public offering. Shares were priced at 250 pence in its listing, the midpoint of the range, with the firm raising £165 million ($230 million). By 7.15am GMT, they were trading at around 350 pence. Darktrace is the latest high-profile tech listing to take place on the London Stock Exchange this year. Its strong early performance marks a dramatic change from the plunge in Deliveroo's share price when the food-delivery firm listed in March. The cybersecurity company is trading under the ticker DARK. Its opening valuation came in somewhat lower to the $4 billion that had been previously reported by Reuters. Darktrace makes money from subscription-based contracts with customers and operates as a “software as a service” business.
— Business Insider