Headline doesn't really line up with everything else going on that affects a trillion dollar company...
It is probably some combination of the SOTU address, continued macroeconomic headwinds, and the poor/slow reaction to ChatGPT/Microsoft partnership. The wrong answer probably has SO little to do with this.
so what did their competitors move in a similar time, if its generalized market anxiety? Hint: nowhere near as much, and microsoft is actually up.
Google is a trillion dollar company but a lot of their revenue depends on their dominance in search. Google is a search/ads company, and now feeling pressure from microsoft/openai for the first time in a long time, their proposed answer was not well received because it doesn't satisfy the fundamental requirements for search.
It is probably some combination of the SOTU address, continued macroeconomic headwinds, and the poor/slow reaction to ChatGPT/Microsoft partnership. The wrong answer probably has SO little to do with this.