Alphabet Stock Analysis | Bull vs Bear Battle Over Google Future
Alphabet has become the old guard of tech stocks, fully in control, but gradually becoming outdone by younger entrants with louder AI tricks. The gracious host of search and digital advertising is now caught in a midlife crisis, hoping to deal with antitrust issues and hearing behind-the-scenes murmurings of betrayal from its old confidants. Just when the critics begin to organize their memorial service, Alphabet makes a bounce back, all the way with a billion-dollar smile.
Stocks of Alphabet, Google’s parent company, are getting ready to cross a critical threshold. After declining almost 20% from its 52-week high in the earlier part of the year, the stock has thereafter regained its losses, rising by about 20% from its lows,…
