The World’s Second-Biggest Company Isn’t a ‘Rock Star’ Anymore
Bloomberg 2026-07-01 10:20:02
Context: Google, now the world's second-biggest company, has experienced a shift in its fortunes following a standout year. The company's performance has lagged behind the Nasdaq 100, a change attributed to a shift in the artificial intelligence (AI) trade. This development has led to Google being no longer considered a 'rock star' in the tech industry.
Key Facts
- Google, previously considered a standout performer, has seen its stock performance lag behind the Nasdaq 100, a benchmark index that tracks the performance of 100 of the largest and most actively traded US companies.