Alphabet Faces Investor Concern About AI Challenge to Search Business | PYMNTS.com

Alphabet Faces Investor Concern About AI Challenge to Search Business | PYMNTS.com

Alphabet’s stock is reportedly considered to be undervalued as investors wonder if artificial intelligence will take away some of its market share in search.

The Google parent company’s stock is down 16% this year, is underperforming other AI stocks like Microsoft and Meta, and is the cheapest among the Magnificent Seven companies, Bloomberg reported Thursday (April 10).

Investors are concerned that Alphabet’s dominance in search means it has nowhere to go but down, that…

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