Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is well established as a tech leader and is one of the most valuable companies in the world. As the chart below shows, the stock fell early in the month on the earnings report and at the end of February as part of a broader sell-off in the market.

Waymo's autonomous driving technology is showing significant safety improvements over human drivers. Read why GOOG stock is a unique growth-oriented Big Tech giant.

Cromwell Holdings LLC raised its stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).

The headline of this article says it all: Alphabet ( GOOG -2.57%) ( GOOGL -2.45%) stock is cheaper than the S&P 500 ( ^GSPC -1.59%) index. It might seem a bit odd that a dominant tech company would fall behind the valuation of a broad market index, but that is exactly what happened.

In a new Project Taara blog post, Alphabet says it transmitted data at 10Gbps from one Taara chip to another, using only light beamed from the chip’s “hundreds” of software-controlled light emitters — an improvement on the mechanical beam-directing technique used by its traffic light-sized Taara Lightbridge.

Both Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Amazon (NASDAQ: AMZN) fell following their Q4 results over the past few weeks. While Alphabet spent a lot of money on share buybacks and dividends in 2024,