Why Alphabet’s stock could see its worst drop in years after the… | HappeningNow.news

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Why Alphabet’s stock could see its worst drop in years after the latest results

A doubling of cloud revenue wasn’t enough to appease Wall Street as investors grew more concerned that AI is hurting the company’s ability to make money off search queries.

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Investors reacted negatively to Alphabet’s latest results, noting that despite cloud revenue doubling, concerns grew that AI is diminishing the company’s ability to monetize search queries.

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