This stock could be the new 'pick-and-shovel play' in the next wave of AI, Wells Fargo says

By CNBC | Nov 12, 2024 at 09:15 AM EST

Wells Fargo analyst upgraded Twilio, a cloud-based communication software company, due to the potential in AI development. Twilio is seen as a key player in the new generation of AI-powered applications, positioning itself well in the evolving software landscape.

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