According to The Kobeissi Letter, Alphabet (GOOGL) extended its losses to more than 9% in a single day after reports that Apple is exploring AI-powered search in its browser (source: @KobeissiLetter, May 7, 2025). Notably, GOOGL failed to record a single 10-minute green candlestick in two hours of trading, indicating intense sustained selling pressure. This sharp downturn in a major tech stock has triggered volatility across tech-focused crypto tokens and AI-related cryptocurrencies, as traders anticipate shifts in market leadership and potential capital rotation into AI and blockchain projects. Monitoring sentiment and price action in both GOOGL and leading crypto AI tokens is recommended for short-term traders.