GOOG is trading at $296.62, down 3.2% as escalating Middle East geopolitical tensions and the closure of the Strait of Hormuz trigger a broad tech sector decline.
- Major indices are sharply lower in pre-market trading, with the S&P 500 down 1.7% and the Nasdaq down 2.2% as oil supply disruptions impact global risk sentiment.
- Despite the decline, Alphabet maintains strong fundamentals with $403B in projected 2025 revenue and leading AI capabilities, suggesting the move is market-driven rather than company-specific.