Alphabet Inc. (GOOGL)’s “Bouncing Like You Wouldn’t Believe,” Says Jim Cramer

“Now, though, let us talk about what really matters. What happened today? Google and Apple, that’s what happened because they are today’s example of the dreaded, dangerous concentration… I listened to the sirens and saw one of the canaries fighting for its life last year. The canary was Google, now Alphabet. After owning this stock for years, in 2024, I decided that its version of artificial intelligence, Gemini, was cannibalizing its regular search… And more important, I was worried about the antitrust regulators going after them… You can’t be a monopolist. It’s illegal. I thought for a moment that this could be good news, that Alphabet could be broken into different pieces and that would amount to more than the sum of its parts kind of thing.