2 Innovative Stocks Shaping the Future of Technology

Two decades ago, e-commerce and cloud computing were relatively novel concepts, but both industries have grown like wildfire. In fact, consumers will spend an estimated $4.9 trillion online this year, and 92% of businesses now rely on cloud services. From an investor's perspective, both of those secular trends create tremendous opportunities.

Building on that idea, technologies like data analytics, artificial intelligence, and the metaverse are likely to play a prominent role over the next couple of decades, giving investors another chance to make bank. Innovative companies like Snowflake (NYSE: SNOW) and Unity Software (NYSE: U) are set to shape and benefit from such trends.

Here's what you should know.

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Source Fool.com