Alphabet stock initially rose then dropped 0.3% due to fluctuating factors

From Nasdaq: 2025-06-30 11:46:00

Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock fluctuated, initially rising then dropping 0.3% by 11:05 a.m. ET. Canada rescinded a proposed Digital Services Tax that would have impacted tech companies like Google, thanks to pressure from President Trump. Despite strong earnings, Alphabet’s heavy spending on AI may affect its free cash flow, making the stock less attractive. Consider other investment opportunities.



Read more at Nasdaq: Why Did Alphabet Stock Pop Today, Then Drop?