The recent first quarter has shown the slowest ad volume growth on record for both Meta and Alphabet, indicating a potential market maturity following robust growth.
Waymo, owned by Alphabet, has provided millions of paid, fully autonomous rides since its public launch in 2020, expanding its service through partnerships.
In a worst-case scenario regarding the ongoing antitrust trial, Barclays analysts warn that a forced divestiture of Chrome could lead to a significant stock drop for Alphabet.