On February 7, 2025, Alphabet Inc. announced that it had sold all of its Snowflake stock. This divestiture represents a complete exit from its investment in the cloud data warehousing company.
The sale indicates a strategic portfolio adjustment by Alphabet, potentially reflecting a reallocation of capital towards other investment priorities or a change in its long-term outlook on Snowflake. The specific reasons for the complete divestiture were not disclosed.
For investors, this move signals Alphabet's active management of its investment portfolio. It could free up capital for further investments in its core AI initiatives or other strategic 'Other Bets' projects.
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