Google Parent Alphabet Sold 79% of Its Stake in Snowflake and Is Piling Into This Supercharged Artificial Intelligence (AI) Stock Instead

Shares of cloud-data warehousing stock Snowflake were significantly pared down in the third quarter in favor of an up-and-coming customer relationship management (CRM) company.For the better part of the past two years, artificial intelligence (AI) has dominated headlines on Wall Street -- and with good reason. The capacity for AI-driven software and systems to learn and evolve over time without human intervention gives this technology utility in most industries around the globe.Though estimates vary wildly, ...