Here's a few more realistic changes that Alphabet could make: - shut down X - shut down Verily - sell calico or shut it down if no buyers - sell Fiber or shut it down if no buyers - shut down Intrinsic, Wing, and all the other X spinoffs - make Cloud be its own Alphabet company with Kurian as an actual CEO
That would show Wall Street that GOogle is really serious about not wasting money on crazy ideas. That would boost the price (along with reducing costs) giving them some runway. I think it would be a shame if Waymo was shut down but it has a long, long way to being highly profitable.
It looks like Alphabet wants to sell Verily or spin it out of the Alphabet family entirely (after decoupling Verily's infrastructure from Google's) but nobody wants to buy it.