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

The Motley Fool
Summary
Nutrition label

80% Informative

Alphabet has nearly $2 billion invested across 42 stocks.

Alphabet is a parent of search engine Google , streaming platform YouTube , and autonomous ride-hailing service Waymo .

The first AI stock Alphabet 's investment managers have shown the door in back-to-back quarters is cybersecurity solutions provider CrowdStrike .

Alphabet sold 42.1% of its stake in CrowdStrike in the second quarter .

Medical-device giant DexCom ( NASDAQ : DXCM ) is another AI stock that Alphabet 's investment team has been dumping for two straight quarters .

The former No. 1 holding of Alphabet has slipped to No. 6 and now accounts for about 6% of invested assets.

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https://www.fool.com/terms/f/form-13f/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=87adcffe-d01a-46db-9632-72dfba43f518https://www.fool.com/author/1813/https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=c30bcd20-4cbd-4ce8-9fe6-5a99edcb9104&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D10993%26source%3Disaeditxt0010952%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D16426%26ftm_veh%3Darticle_pitch_feed_yahoo&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=87adcffe-d01a-46db-9632-72dfba43f518https://www.fool.com/legal/fool-disclosure-policy/https://www.fool.com/investing/2024/09/17/alphabet-selling-stake-in-2-high-flying-ai-stocks/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=87adcffe-d01a-46db-9632-72dfba43f518https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=c30bcd20-4cbd-4ce8-9fe6-5a99edcb9104&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D10993%26source%3Disaeditxt0010952%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D16426&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=87adcffe-d01a-46db-9632-72dfba43f518https://www.fool.com/investing/2024/07/31/99-of-nvidia-380-million-portfolio-in-4-ai-stocks/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=87adcffe-d01a-46db-9632-72dfba43f518

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