Remember that while "$90B selloff" sounds like a big, scary number, GOOGL (Alphabet) is still up 52% compared with one year ago.
2023-02-27: $89.87
2024-02-27: $137.17
2023-02-27: $89.87
2024-02-27: $137.17
If Microsoft and Meta are better investments, this isn't good for Google irrespective of how much GOOG went up.
"Good! Hope it falls further below $97 or $95 then I will just buy some Google stock." [0]
"I can confidently say that this stock drop is a typical over-reaction from the markets." [1]
Now it is recovered and is up 52% up since then. Not as good as Meta's >300% recovery but it wasn't exactly over for Google.