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Alphabet’s Revenue Concerns Cast Shadow Over Market Sentiment
Alphabet’s Revenue Concerns Cast Shadow Over Market Sentiment
22
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Alphabet Inc. faces mounting pressure as analysts project a potential 56% revenue decline, sending GOOGL shares into precarious territory. The stock’s 8% weekly drop reflects market jitters following Apple’s暗示 to reevaluate its lucrative search default partnership with Google.
The $20 billion annual arrangement—which positions Google as Safari’s default search engine—now hangs in the balance. Investors reacted swiftly to the uncertainty, erasing $155 billion from Alphabet’s market capitalization within a single trading session. Technical charts suggest the stock may test $150 support levels if bearish momentum persists.
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