Google's Relevance and Alphabet's Stock Drop

SOURCE www.marketwatch.com
Wall Street is questioning if Google is at risk of becoming irrelevant as Alphabet's stock drops, drawing comparisons to Kodak.

Key Points

  • Alphabet Inc.'s stock has dropped 25% from its highs
  • Analysts are questioning if Google could face a similar fate as Kodak
  • Impact of emerging technologies like ChatGPT on Google's search business is being scrutinized

Pros

  • Raises awareness about potential risks to Google's dominant position in the tech industry
  • Encourages discussion on the impact of new technologies like ChatGPT on traditional businesses

Cons

  • May cause unnecessary panic among investors and stakeholders
  • Comparison to Kodak may be oversimplified as Google has diversified beyond search