From Nasdaq:

Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has lost its status as the third-largest U.S. company due to strong quarters from other tech giants like Microsoft and Apple. Nvidia and Amazon have surpassed Alphabet, raising concerns about its future performance in the AI race and potential impact on its advertising revenue, which accounts for 76% of its total revenue. However, Alphabet is actively working to improve its AI model and address any issues, making it a promising investment opportunity with a lower stock price compared to its peers. For investors looking for potential growth, Alphabet remains a top tech stock to consider.



Read more at Nasdaq: Alphabet Falls From 3rd- to 5th-Largest U.S. Company. Should You Buy, Sell, or Hold the Stock?