Stocks to Watch Wednesday: AMD, Alphabet, Reddit, Snap
AMD
Advanced Micro Devices, Inc. (AMD) is a global semiconductor company that designs and manufactures computer processors and related technologies for business, scientific and consumer markets.
AMD has been expanding its offerings in recent years to include those necessary for the development of artificial intelligence (AI), as well as machine learning (ML), to keep up with industry trends.
AMD has been able to produce products at a lower cost than its competitors, boosting its market share and profitability as a result.
Alphabet
Alphabet Inc. (GOOGL) is the parent company of Google LLC, the internet search giant.
Alphabet's other businesses include YouTube, the online video platform, and Google Cloud, which provides cloud computing services.
Alphabet has been expanding its offerings in recent years to include those necessary for the development of artificial intelligence (AI), as well as machine learning (ML), to keep up with industry trends.
Reddit, Inc. (REDDIT) is a social news aggregation and discussion website.
Reddit allows users to submit content, such as links, text posts, images, and videos, which are then voted up or down by other users.
The most popular content is displayed on the site's front page, and users can also create and join subreddits, which are communities dedicated to specific topics.
Snap
Snap Inc. (SNAP) is a camera and messaging app company.
Snap's flagship product, Snapchat, is a multimedia messaging app that allows users to send photos and videos that disappear after a few seconds.
Snap has been expanding its offerings in recent years to include those necessary for the development of artificial intelligence (AI), as well as machine learning (ML), to keep up with industry trends.
