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brightest investment mindsThe Motley Fool
•84% Informative
Google parent Alphabet (NASDAQ: GOOGL) sent 421,050 shares of cloud-data warehousing stock Snowflake (NYSE: SNOW ) packing.
Snowflake had been a top-10 holding by market value during the second quarter , but this is no longer the case for Alphabet .
Alphabet 's investment team purchased only two stocks in the AI-driven SaaS provider Freshworks during the third quarter .
Freshworks ' bevy of solutions can help with everything from employee onboarding to personalized self-service channels, marketing, and business analytics.
Sales for Freshworks jumped 22% in the September-ended quarter , with the company upping the midpoint of its full-year sales expectations by $5.1 million .
Freshworks is landing bigger fish with 22,359 customers contributing at least $5,000 in annual recurring revenue.
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