Here's 1 Artificial Intelligence (AI) Stock I'm Avoiding Like the Plague
Snowflake(SNOW) The Motley Fool·2024-04-30 02:00
Artificial intelligence is garnering a lot of hype right now, but one notable name in the space is falling behind.2024 has gotten off to a sizzling start in the stock market. The S&P 500 is up 7%, while the tech-heavy Nasdaq Composite has rallied 6% as artificial intelligence (AI) euphoria continues to dominate.One company that seems to have lost its groove, however, is Snowflake (SNOW 0.35%). Shares of the database management company are down 21% so far this year. The reason? Concerns are growing that Snow ...