Snowflake Inc ( SNOW ) shares are trading lower Thursday. Berkshire Hathaway revealed that it completely exited its Snowflake position in the second quarter and Wells Fargo downgraded the stock. What Happened: After the market close on Wednesday, Warren Buffett’s Berkshire Hathaway released a new 13F filing with the SEC showing that the company sold its stake in Snowflake last...

09:35 AM EDT, 08/15/2024 (MT Newswires) -- MGM Resorts International ( MGM ) is collaborating with Grupo Globo, Latin America's largest media group, on the formation of a new sports betting and iGaming venture in Brazil operating under the BetMGM brand, the companies said on Thursday. Subject to license approval by Brazilian authorities later this year, the Sao Paulo-based joint...

09:33 AM EDT, 08/15/2024 (MT Newswires) -- Elliot J Sussman MD MBA, Director, on August 13, 2024, sold 2,500 shares in Universal Health Services ( UHS ) for $544,935. Following the Form 4 filing with the SEC, Sussman has control over a total of 5,048 shares of the company, with 5,048 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/352915/000112760224022223/xslF345X03/form4.xml Price: 224.00, Change:...

09:30 AM EDT, 08/15/2024 (MT Newswires) -- Alibaba Group's ( BABA ) fiscal first-quarter earnings fell less than expected while revenue trailed Wall Street's estimates. The Chinese e-commerce giant posted adjusted earnings of 16.44 renminbi ($2.30) per American depositary share for the three months ended June 30, down from 17.37 renminbi a year earlier. The consensus among analysts on Capital...