Billionaires Were Selling Nvidia Stock (Before the Stock Split) and Buying 2 Artificial Intelligence (AI) Stocks Instead

From Nasdaq.: 2024-06-09 05:35:00

Nvidia completed a 10-for-1 stock split, drawing attention due to AI growth. Hedge fund managers reduced Nvidia stakes, investing in Alphabet and Snowflake. Alphabet holds top positions in ad tech and cloud services. The company integrates AI model Gemini across platforms. Forrester ranks Google Cloud Platform as top AI infrastructure; Alphabet reports strong financial results. Investors may consider Alphabet and Snowflake for potential growth. Snowflake excels in cloud data warehousing and AI development. Mixed financial results prompt cautious optimism. Data lake and warehousing markets expected to expand; Wall Street predicts sales growth for Snowflake. Consider Stock Advisor’s top 10 stocks for potential monster returns. Alphabet, Nvidia, and Snowflake endorsed by The Motley Fool. Invest in high-potential stocks for significant returns.



Read more at Nasdaq.: Billionaires Were Selling Nvidia Stock (Before the Stock Split) and Buying 2 Artificial Intelligence (AI) Stocks Instead