Why Alphabet’s Stock Plunge Is Shaking Up the Nasdaq

New York, Tuesday, 23 June 2026.
Alphabet’s 5% drop triggered a 1.3% Nasdaq decline on June 23, 2026, as top AI talent exits and a $84.75B equity raise spooked investors. The sell-off highlights fears over near-term cash flow compression despite long-term AI infrastructure bets. With the Dow rising 0.1% while tech-heavy indices fell, the divergence underscores sector-specific volatility amid economic uncertainty.