No rival has been able to come close to knocking Google Search off its perch. Alphabet's major growth, though, is likely to come on other fronts. Alphabet is also forging new ground in other areas of artificial intelligence. Read More...
Motley Fool
Why Snowflake, Datadog, and MongoDB Fell Today
Shares of enterprise software giants Snowflake (NYSE: SNOW), Datadog (NASDAQ: DDOG), and MongoDB (NASDAQ: MDB) were plunging on Monday, down by 8.7%, 6.4%, and 9.4%, respectively, as of 3:06 p.m. ET. There wasn’t much company-specific news today, although Snowflake reported earnings last week, and MongoDB will report tomorrow. Friday’s strong jobs and wages report, combined with today’s stronger-than-expected services Purchasing Managers’ Index (PMI) reading, showed the economy may be stronger than generally thought — surprising, especially since recent financial results and guidance in the software industry have been less than stellar.
