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

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

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.

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.
AI (ORG)
Originally published by MarketWatch Read original →