Finally, some good news for shares of Alphabet (NASDAQ: GOOGL), Google's parent company. After a turbulent start to 2025, the stock has gained momentum following a strong earnings report, a dividend increase, and the authorization of a massive buyback program.
[content-module:CompanyOverview|NASDAQ:GOOGL]However, Alphabet faced several headwinds leading up to its earnings. The stock had fallen roughly 27% from its 52-week high and was down about 20% year-to-date. The decline was fueled by a risk-off environment that hammered tech stocks, growing concerns about the threat from AI-based search competitors like OpenAI’s ChatGPT and XAI’s Grok, as well as regulatory challenges.
