After Falling Nearly 9% Last Week, Has Alphabet Lost Its Edge?

Smartphone displaying Alphabet logo in front of a sharply declining stock chart, highlighting tech stock downturn. Key Points Alphabet fell close to 9% last week but remains the top-performing Magnificent Seven stock over the past 12 months, as well as the only one trading well above its 200-day SMA. The TurboQuant AI memory compression announcement and YouTube litigation ruling rattled investors, but neither appears to threaten Alphabet's core business or its long-term AI leadership position. GOOGL ...