Alphabet Stock Plunge Sparks AI Crypto Tokens Surge

By: nft evening|2025/05/08 23:00:07

Alphabet’s 9% stock drop on May 7, 2025, amid Apple’s AI search exploration for Safari, is fueling interest in AI crypto tokens like TAO, GRT, and AGIX. Alphabet’s 9% Stock Plunge$GOOGL, the stock of Alphabet dropped over 9% on May 7, 2025, after Apple announced it is exploring AI-powered search features for its Safari browser, signaling a potential shift in the search engine market.Truly incredible:Alphabet, $GOOGL, extends losses to over -9% on the day as Apple explores AI search in its browser.Not a single 10-minute green candlestick in 2 hours. pic.twitter.com/gQRStej2Tl— The Kobeissi Letter (@KobeissiLetter) May 7, 2025Apple’s senior vice president of services, Eddy Cue, revealed during Alphabet’s antitrust trial that Safari searches dropped for the first time last month, with users turning to AI-based search options like ChatGPT, already integrated into Apple’s ecosystem.Google currently pays Apple $20 billion annually to remain the default search engine on Safari, a deal central to the U.S. Justice Department’s lawsuit alleging Google maintains an illegal monopoly in search.The news has sparked interest in AI crypto tokens, which power decentralized AI platforms, as investors see potential in blockchain-based AI solutions amid the shifting search landscape.User Score9.9 Promotion-10% Trading FeesGet 10% Lifetime Cashback on Every TradeClaim Reward Now!Learn moreBittensor (TAO) Leading AI Crypto Token SurgeBittensor TAO, an AI crypto token, operates a decentralized marketplace for trading AI models and computational resources, gaining traction as a platform for machine intelligence.The Graph GRT, another AI token, serves as a blockchain search engine with its indexing protocol, recently dipping below a $1 billion market cap but still viewed as a key player.SingularityNET AGIX focuses on building decentralized Artificial General Intelligence (AGI), pumping over 80% in the past 30 days.AI crypto tokens like Render RENDER are also relevant, connecting artists with GPU owners for rendering power, a use case tied to the growing demand for AI computational resources.Source: CoinGeckoGoogle’s own AI search efforts, like Gemini and AI Overviews, face competition from OpenAI’s SearchGPT and Meta’s planned AI search for its platforms, highlighting a broader industry trend toward AI-driven search solutions.The post Alphabet Stock Plunge Sparks AI Crypto Tokens Surge appeared first on NFT Evening.

The growth of AI-driven tools and community collaboration in Web3 has created new opportunities for developers worldwide. As a community partner and sponsor of the WEEX AI Trading Hackathon, Fluxor's mission to unify hackathon experiences and foster creative partnerships aligns with this spirit of collective innovation.

Houthi Deadline Countdown Begins | Rewire News Morning Brief

Trump's 48-Hour Ultimatum was issued on Saturday and expires on Monday night

Middle East Conflict Escalation and Rate Hike Expectation Trigger Worst Gold Sell-Off in 43 Years

The key reasons for the sharp decline include heightened oil prices due to Middle East conflict, suppressed interest rate cut expectations, and intensified selling pressure triggered by tightening USD liquidity.

The Largest Oil Reserve Release in History: Why Is the Oil Price Still Above 100?

4 billion barrels per day production, only covering 17% of the gap

AI Agent Can't Kill SaaS

The true moat is the singularity of data

This viral Beijing high school teacher, Jiang Xueqin, predicted America's downfall in advance

Jiang Xueqin's latest viewpoint in an interview with Carlson: The era of global cheap energy is coming to an end.

Interview with Bill, Head of Bitget AI: In the AI Trading Era, How Far Are We from "Earning While Lying Down"?

Bitget launches a three-tier AI product: GetAgent (Chatbot Assistant), Agent Hub (Developer Tool), GetClaw (One-Click Product), covering users from geeks to newbies.

Privacy Infrastructure and the WEEX AI Trading Hackathon

A privacy-first Web3 ecosystem using masternodes, encrypted messaging, and confidential payments to protect traders and AI strategies on-chain.

Meme Culture, Community Energy, and the WEEX AI Trading Hackathon

A community-driven meme token built around one of the internet's most recognizable characters.

RGAI: Exploring AI Agent Trading and Advancing the WEEX AI Trading Hackathon

A Solana-based AI agent project connecting automated trading strategies with on-chain token dynamics in AI-driven Web3 markets.

ForeGate: Bringing Decentralized Forecasting to the WEEX AI Trading Hackathon

A decentralized prediction market platform enabling users and builders to gauge probabilities and make informed decisions around future events in AI-enhanced Web3 environments.

Apello: Automating Web3 Community Management and Partnering with the WEEX AI Trading Hackathon

A community toolkit enabling builders to streamline engagement and participation as Web3 ecosystems evolve with AI and decentralized innovation. As a community partner and sponsor of the WEEX AI Trading Hackathon, Apello reflects the growing fusion of community-driven participation and technical creativity in the Web3 space. The platform's commitment to empowering community interaction and meaningful engagement aligns with this shared vision of innovation.

RootData: Delivering Structured Web3 Intelligence and Sparking the WEEX AI Trading Hackathon

A Web3 data platform enabling investors and builders to uncover market insights and informed decision-making in AI-powered trading.

As a community partner and sponsor of the WEEX AI Trading Hackathonm RootData has a shared focus on transparency, data integrity, and insight-driven innovation across AI trading and market research.