Why Alphabet Stock Tumbled on Thursday

A report from a top news outlet put a damper on Google parent Alphabet's (GOOG -1.74%) (GOOGL -1.85%) stock on the second-to-last trading day of the week. Both of the company's listed stocks took a slight dive as a result, declining by nearly 2%. That was a steeper fall than the S&P 500's 0.6% slide.Strict federal oversight coming?That morning, The Washington Post reported that the government's Consumer Financial Protection Bureau (CFPB) is preparing the extraordinary step of directly placing core Alphabet ...