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Alphabet (GOOGL) Shares Fall to 2026 Low

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Alphabet (GOOGL) Shares Fall to 2026 Low

As the chart shows, Alphabet (GOOGL) shares have dropped to their lowest level of 2026, with trading closing well below the psychological $300 per share mark.

Why Have Alphabet (GOOGL) Shares Declined?

The bearish move is driven by a combination of factors, including:

→ Escalating geopolitical tensions. With the prospect of a prolonged US conflict with Iran becoming more relevant, market participants may be reducing exposure to risk assets, favouring stability instead. Technology stocks are particularly vulnerable in such an environment.

→ In March, it was reported that Alphabet plans to allocate $175–185 billion to AI infrastructure this year. These expenditures could weigh on profit margins, while a quick return on investment is far from guaranteed.

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In addition, media reports point to pressure from antitrust regulators, downward revisions to price targets by analysts, and share sales by GOOGL executives. Meanwhile, the chart and volume analysis highlight a significant shift in market sentiment.

Technical Analysis of GOOGL Shares

Note the price behaviour during periods of exceptionally high trading volumes. The arrows indicate:

→ A move above the $300 psychological level accompanied by a bullish gap — a sign of emotional buying momentum that gradually faded.

→ A sharp decline in February on very high volumes, suggesting that bears attempted to seize control. The formation of lower highs and lower lows confirms their success.

Yesterday, GOOGL opened with a bearish gap and closed at the low of a wide candle — a clear sign that sellers are strengthening their grip.

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Bulls need to regain control quickly; otherwise, if bearish dominance persists:

→ Alphabet (GOOGL) shares may continue to decline within the red descending channel;
→ The $300 level could act as psychological resistance during any recovery attempts;
→ A move towards the $250 level cannot be ruled out.

Buy and sell stocks of the world’s biggest publicly-listed companies with CFDs on FXOpen’s trading platform. Open your FXOpen account now or learn more about trading share CFDs with FXOpen.

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

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Crypto World

Bitcoin Drops to $74K as US-Iran Tensions Flare

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Bitcoin Drops to $74K as US-Iran Tensions Flare

Bitcoin erased its weekend gains as it fell below $74,000 on Sunday after the US military seized an Iranian cargo ship, putting pressure on a ceasefire between the two countries. 

Bitcoin (BTC) had soared above $78,300 late Friday on Coinbase, its highest price since early February, but dropped to between $75,000 and $76,000 over the weekend after Iran said it would close vital oil routes in the Strait of Hormuz.

The cryptocurrency then sank sharply late on Sunday to briefly trade below $74,000 after the US military said it opened fire on, and later seized, an Iranian cargo ship it claimed tried to run its blockade of Iranian ports, with Tehran accusing the US of violating an agreed ceasefire. 

The two-week ceasefire between the US and Iran, which had helped boost the markets and temper oil prices, is set to end on Wednesday.

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Bitcoin’s price in US dollars on Coinbase over the last five days has fallen over the weekend amid rising tensions between the US and Iran. Source: TradingView

Tehran has vowed to retaliate over the US military’s seizure of the ship and has rejected a new round of peace talks slated for Monday in Islamabad, Pakistan, due to the US blockade, Iranian state media reported.

Related: Bitcoin eyes $90K as whales absorb 20x daily BTC supply in 30 days

US stock futures sank Sunday night amid rising tensions, with S&P 500 futures dropping 0.8%, Nasdaq-100 futures falling 0.6% and Dow Jones futures declining 0.9%, or about 450 points.

Oil futures also soared amid the hostilities and Iran’s threat to close the Strait of Hormuz, with crude oil futures rising over 4.5% to over $95 a barrel.

The Crypto Fear & Greed index rose by two points to a score of 29 out of 100 on Monday, its highest score since late January, but which still indicated a sentiment of “fear.”

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