Alphabet Inc. experienced a 3.5% decline in its share price today, closing at $167.73. This drop is attributed primarily to mounting regulatory scrutiny from the European Union. Under the recently enforced Digital Markets Act (DMA), the EU is challenging Alphabet’s preferential treatment of its own services, such as Google Shopping and Flights, potentially leading to significant fines or mandated operational changes.
The regulatory uncertainty has heightened investor caution, compounded by broader market volatility and signs of a potential technical correction after sustained gains in recent months. The company’s negotiation efforts with EU regulators have so far failed to satisfy competitors or ease market concerns.
From a technical analysis standpoint, the stock broke below a key short-term support level around $170. Traders will be watching closely to see if it consolidates above $165 or continues downward momentum. With legal risks rising and macroeconomic conditions unstable, investors may be reassessing Alphabet’s near-term valuation premium.