According to The Kobeissi Letter, Alphabet (GOOGL) extended its losses to more than 9% intraday as Apple reportedly explores integrating AI-powered search into its browser, with not a single 10-minute green candlestick in the past two hours (source: The Kobeissi Letter on Twitter, May 7, 2025). This sharp decline highlights growing competitive threats in the AI search space, which could trigger volatility in both tech equities and crypto markets as investors reassess risk and sector leadership. Traders should closely monitor tech-driven sentiment shifts, as major moves in leading AI stocks like Alphabet can rapidly influence correlated digital assets.