Google under pressure 📉 $100bn Alphabet capitalisation wiped out by AI 'Bard' mistake

Investors today continued the intense sell-off of Alphabet (GOOGL.US) shares following yesterday's mistake of AI chatbot, Bard (laMDA), a competitor to ChatGPT (GPT-3). This shows how much attention artificial intelligence and everything related to it has attracted in recent times:

The 'Bard' blunder was more costly to Alphabet than poor quarterly results The market perceives the blunder as if Bard's technology is lagging behind ChatGPT (although there have been blunders for that too), which is backed by Microsoft;
Morgan Stanley analysts point out that users do not change their search preferences and favorite platforms as quickly (the network effect) and Google's dominance may continue despite the growth of Bing search;
Millers Tabak analysts described the decline as 'disconnected from the fundamentals';
Consultancy Glenview Trust sees an opportunity for joint dominance of internet search by Alphabet (Google) and Microsoft (Bing) although it sees a threat to Google's continued dominance;
Advertising, related to search, accounts for more than half of the company's revenue.

Source: Bloomberg

Alphabet (GOOGL.US) shares, H4 interval. Supply is measuring itself against support provided by the SMA100 and SMA200 averages, running around $94 per share. Source: xStation5

15 April 2026, 2:00 PM

Morgan Stanley Q1 2026: Record Revenues and Record Asset Inflows

15 April 2026, 12:20 PM

Market Wrap: Luxury Under Pressure, AI Drives Market Divergence

15 April 2026, 11:38 AM

Kering joins the sell-off of “luxury” companies; Q1 results in the background 💡

15 April 2026, 9:30 AM

Hermes Plummets 13% on the Anniversary of the RMS Titanic Disaster ⚓

Stocks

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days