Alphabet Shares Fall as Google Cloud Picks Up Wall Street Support
Alphabet Inc. dropped on Friday, falling behind gains in the Nasdaq. Analysts have been more positive about Google Cloud and Alphabet’s AI push, but Class A shares slipped $9.79, or roughly 2.5%, to $380.34. Volume topped 44 million shares. The move stood out as it ran counter to the day’s broader tech action. The Nasdaq Composite edged up 0.2% to 26,972.62. The S&P 500 also gained 0.2% and locked in a ninth week of gains, supported by fresh excitement over AI-related earnings.