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Tech stocks, which led U.S. stock markets higher in the first half of the year, have struggled as a group in the second half, and most Big Tech companies are languishing below their 2024 highs, even as the broad-based S&P 500 Index ($SPX) and Dow Jones Industrial Average ($DOWI) have climbed to record highs. Specifically, Alphabet (GOOG) stock – which is otherwise up a healthy 19.6% YTD \- is not only slightly underperforming the Nasdaq Composite ($NASX), but is in correction territory after having fallen over 13% from its 2024 highs. In this article, we’ll see what’s wrong with the Google par…

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