Uh-Oh! Alphabet Is Selling Its Stake in 2 Historically High-Flying Artificial Intelligence (AI) Stocks

From Nasdaq: 2024-09-17 05:06:00

Institutional investors are required to file Form 13F to disclose stock trades, offering valuable insights. Alphabet holds nearly $2 billion across 42 stocks, including AI stocks CrowdStrike and DexCom. Despite strong growth, Alphabet has been reducing its stake in CrowdStrike due to valuation concerns and a recent platform outage, while DexCom faces challenges from new GLP therapies. With AI technology and cybersecurity essentials, these stocks remain interesting investments for the future.



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