Alphabet Inc. stock drops double digits as cash flow miss meets DeepMind shakeup

Alphabet Inc. stock faces one of its most turbulent sessions after an earnings-driven shock and a DeepMind leadership shake-up injected uncertainty. The daily structure still leans bullish, but the latest candle tells a more complicated story.

Key takeaways

• Alphabet Inc. stock dropped double digits after reporting negative free cash flow in the second quarter.
• The daily EMA structure remains intact, with price above the EMA20, EMA50, and EMA200.
• Hourly MACD has turned bearish, signaling short-term momentum has rolled over.
• Price sits below the daily pivot point at 368.04, hinting at near-term distribution.
• ATR14 jumped to 14.19, confirming volatility has expanded sharply alongside the news flow.

Daily Chart: Alphabet Inc. Stock Structure Still Bullish, But Cracks Are Showing

The daily uptrend for Alphabet Inc. stock remains technically intact, but the size and shape of the latest candle suggest the bullish structure is under genuine stress.

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