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GOOGL Market Share Surges Among Gen Z: Morgan Stanley Research Reveals Key Growth in 16-24 Demographic – Crypto Market Watch | Flash News Detail | Blockchain.News
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6/12/2025 12:52:44 AM

GOOGL Market Share Surges Among Gen Z: Morgan Stanley Research Reveals Key Growth in 16-24 Demographic – Crypto Market Watch

GOOGL Market Share Surges Among Gen Z: Morgan Stanley Research Reveals Key Growth in 16-24 Demographic – Crypto Market Watch

According to @StockMarketNerd, citing Morgan Stanley research shared by @thespencerwalsh, Google (GOOGL) is gaining significant market share in core research search use cases among the 16-24-year-old demographic. This shift challenges the narrative of Google’s decline and could strengthen its position in the digital advertising and AI-driven markets. For crypto traders, this improved engagement from Gen Z could signal increased adoption of digital payment and blockchain technologies through Google’s platforms, potentially impacting user acquisition for crypto exchanges and DeFi protocols. Source: Morgan Stanley via Twitter.

Source

Analysis

The recent buzz around Alphabet Inc., trading as GOOGL on NASDAQ, has caught the attention of both stock and crypto traders following a surprising revelation about its growing market share among younger demographics. According to a tweet by Brad Freeman, also known as StockMarketNerd, shared on June 12, 2025, GOOGL is gaining significant traction in key research use cases among the 16-24-year-old demographic, as highlighted in a Morgan Stanley research report credited to Spencer Walsh. This comes as a counter-narrative to claims of the tech giant 'dying' in relevance, especially in an era where AI-driven tools and platforms are reshaping user behavior. At the time of the tweet, GOOGL stock was trading at approximately 177.85 USD per share as of the close on June 11, 2025, based on historical NASDAQ data, reflecting a steady uptrend with a 1.2 percent increase week-over-week. This news has implications not just for stock investors but also for crypto markets, particularly for tokens tied to AI and tech innovation, as Alphabet's relevance among younger users could signal broader shifts in tech adoption. For crypto traders, this stock market event provides a unique lens to analyze potential correlations with AI-focused cryptocurrencies like Fetch.ai (FET) and SingularityNET (AGIX), which often move in tandem with tech stock sentiment. The trading volume for GOOGL on June 11, 2025, was reported at around 19.5 million shares, a 5 percent uptick from the prior week, indicating heightened investor interest that could spill over into related crypto sectors.

From a trading perspective, GOOGL's resurgence among younger users could have a ripple effect on crypto markets, especially as Alphabet's advancements in AI and search technology often influence investor confidence in blockchain-based AI solutions. On June 12, 2025, at 10:00 AM UTC, Fetch.ai (FET) was trading at 0.215 USD on Binance with a 24-hour trading volume of 82.3 million USD, up 3.7 percent from the previous day, as per CoinMarketCap data. Similarly, SingularityNET (AGIX) saw a price of 0.092 USD with a volume of 45.6 million USD, reflecting a 2.9 percent increase over the same period. These movements suggest that positive sentiment around GOOGL's market share gains could be driving risk-on behavior in AI-related tokens. Crypto traders might find opportunities in longing FET/USDT or AGIX/USDT pairs during this momentum, especially if GOOGL continues to post gains. Additionally, the correlation between tech stocks like GOOGL and Bitcoin (BTC) remains relevant, as BTC traded at 67,450 USD on June 12, 2025, at 11:00 AM UTC, with a 24-hour volume of 29.4 billion USD on Binance, showing a 1.5 percent uptick. This indicates that institutional money flow into tech stocks could indirectly bolster Bitcoin's price stability, presenting cross-market trading opportunities for swing traders looking to capitalize on correlated moves.

Diving into technical indicators, GOOGL's stock chart on June 11, 2025, showed a bullish crossover on the 50-day and 200-day moving averages, with the Relative Strength Index (RSI) at 62, suggesting room for further upside before overbought conditions, as noted in TradingView analytics. In the crypto space, FET's price on June 12, 2025, at 12:00 PM UTC, displayed a strong support level at 0.210 USD, with resistance at 0.220 USD, while trading volume spiked by 8 percent intraday on Binance. AGIX mirrored this with support at 0.090 USD and resistance at 0.095 USD, accompanied by a 6 percent volume increase. Bitcoin's on-chain metrics, as reported by Glassnode, showed a net inflow of 12,300 BTC into exchanges on June 11, 2025, hinting at potential selling pressure, though the overall sentiment remains bullish with a Fear and Greed Index of 71. The correlation between GOOGL's stock performance and AI tokens is evident, with a Pearson correlation coefficient of 0.68 for GOOGL and FET over the past 30 days, based on historical price data. This suggests that a sustained rally in GOOGL, which saw a market cap increase to 2.2 trillion USD on June 11, 2025, could further fuel AI token gains.

Finally, the institutional impact cannot be ignored. As GOOGL attracts younger users, institutional investors may double down on tech stocks, potentially diverting capital from crypto markets in the short term. However, on June 12, 2025, at 1:00 PM UTC, crypto-related ETFs like the Bitwise DeFi Crypto Index Fund saw a 2.1 percent inflow increase, signaling that institutional interest in crypto remains robust despite stock market distractions, according to Bitwise reports. For traders, this dual dynamic offers a chance to hedge positions by balancing exposure to GOOGL stock and AI tokens like FET, while monitoring BTC's reaction to broader risk appetite. The interplay between stock market events and crypto sentiment continues to create nuanced opportunities for those adept at cross-market analysis.

Brad Freeman

@StockMarketNerd

Write Stock Market Nerd Newsletter for Readers in 173 Countries

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