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Alphabet (GOOGL) Stock Pullback Seen as Buying Opportunity Amid Waymo Growth

Alphabet (GOOGL) Stock Pullback Seen as Buying Opportunity Amid Waymo Growth

Author:

Global Cryptocurrency

Published:

2026-01-21 20:00:02

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BTCCSquare news:

Alphabet's stock dipped 2.3% this week amid broad market weakness, yet maintains a 4% year-to-date gain. The pullback reflects macroeconomic risk appetite rather than company fundamentals, with analysts viewing it as an entry point.

Waymo emerges as a key growth driver. The autonomous vehicle subsidiary, spun out from Google X in 2016, is gaining traction across U.S. markets. While Tesla dominates robotaxis, Waymo's expanding operations could significantly boost Alphabet's valuation if adoption accelerates.

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