
Shares of Alphabet (NASDAQ: GOOGL), Google's parent company, have struggled in 2025, falling over 20% year-to-date and officially entering bear market territory. The tech giant has come under pressure amid shifting investor sentiment and intensifying competition. The latest blow came on May 7, when Apple’s senior vice president of services, Eddy Cue, announced the company is actively exploring AI-powered search engine alternatives for Safari, potentially ending its lucrative partnership with Google.
Shares of Alphabet dropped more than 7% following the news, wiping out several weeks of gains.