Alphabet (GOOGL) Market Cap Loses $500B: Is Stock Still a Buy?
The US stock market has certainly had its fair share of struggles this year. Although we are less than three months in, a host of companies have been steadily losing value with no end in sight. Among them is Alphabet (GOOGL), which lost $500 billion from its market cap as traders grappled with whether or not the stock is still a buy. There is no shortage of reasons for Wall Street to be excited about the prospects of the Google parent company. It has been firmly entrenched in the ongoing AI arms race. Moreover, it is diversified enough to drive amid a continued technological revolution. But has its 2025 slide been too much? Or has it created the perfect entry point for investors? Source: CNBC Also Read: Why These 3 Tech Stocks Could Skyrocket—Buy Before They Jump! Alphabet Market Cap Plummets: Is GOOGL Still a Buy in 2025? Just last week, Alphabet unveiled what they referred to as the “world’s best” AI model. Indeed, it is looking to become a staple in the artificial i...