Alphabet now down over 7.50%. Comments from Apple's Cue send the stock tumbling lower ...Middle East

Alphabet shares are taking a major hit on the news, falling $-13.65 or -8.41% at $149.50.

While the stock remains above the 2025 low of $140.53 (set on April 7), the next technical support levels to watch are:

$145.20 – 50% retracement of the Nov 2022–Feb 2025 rally

The sharp move underscores growing investor concern as AI alternatives like ChatGPT continue to disrupt traditional search behavior.

This is a day of reckoning for Alphabet. They need to evolve. They will not go away but the cash cow is hurting and the data seems to be supporting it.

This article was written by Greg Michalowski at www.forexlive.com.

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