Alphabet's Trading Volume Plummets 50.89% to 10th Place as Apple's AI Search Plans Spark Market Jitters

On May 8, 2025, Alphabet's trading volume reached $59.61 billion, a significant 50.89% decrease from the previous day, placing it at the 10th position in the day's stock market rankings. Google C (GOOG) rose by 1.93%.

Alphabet's stock price experienced a notable decline following reports that Apple is considering integrating AI search options into its Safari browser. This move by Apple has raised concerns about the potential impact on Google's search engine dominance, as AI-powered search engines could become a more attractive alternative for users.

An Apple executive's testimony revealed that Google searches conducted through Apple browsers have decreased for the first time, as users increasingly turn to AI for their search queries. This shift in user behavior has further fueled speculation about the future of Google's search engine and its revenue-sharing agreement with Apple, which amounts to approximately $20 billion annually.

Apple's exploration of AI-powered search engines on its devices has sent Alphabet's share price tumbling. The potential integration of AI search options into Apple's Safari browser has sparked concerns about the future of Google's search engine and its revenue-sharing agreement with Apple, which amounts to approximately $20 billion annually.