Despite meeting analysts’ expectations in its recent earnings report, Alphabet (NASDAQ: GOOGL) stock experienced a notable sell-off. This downturn was primarily driven by CEO Sundar Pichai’s comments on the prolonged timeline for artificial intelligence (AI) to yield significant returns. According to sources, Pichai emphasized the need for continued efforts to unlock AI value, which led to profit-taking among traders in the tech sector.In Q2 2024, Alphabet posted strong results in search advertising and clo ...