Alphabet Stock Declines Amid Reports of OpenAI's Atlas Browser
Shares of Google's parent company fell 2.39% on Oct. 21 as a Dow Jones report linked the drop to the launch of a new AI-powered browser from its competitor.
A New Competitor Emerges
Shares of Alphabet (GOOGL), the parent company of Google, declined on Oct. 21, 2025, following reports of a new AI-powered browser from competitor OpenAI. Alphabet's stock closed at $250.43, a decrease of 2.39% for the day, according to data from Investing.com.
A report from Dow Jones attributed the stock's decline to the launch of OpenAI's Atlas browser, which is positioned as a new competitor to Google's dominant search engine. The emergence of a well-funded rival in the browser and search space introduces new competitive pressure for Alphabet's core business.
Market Reaction
The broader market …
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