Five crises after Google's stock price plummeted 7%: How did AI turn the former search giant into an "outdated investment"?

Here's the English translation: Internet giant Google (Alphabet Inc.) recently experienced a single-day stock price plunge of over 7%, sparking market discussion. With AI products rapidly replacing traditional search engine roles, heavy pressure is being placed on Google's core business. From declining search advertising revenue, lagging AI technology to weak hardware and cloud market performance, this tech giant seems to be entering a critical transformation period. [The rest of the translation follows the same approach, maintaining the structure and translating all text outside of HTML tags] Key points include: - Challenges to Google's search dominance from AI tools - Potential loss of advertising revenue - Weak performance in cloud services - Limitations of Gemini AI compared to ChatGPT and Grok - Weak hardware presence with Pixel phones The article concludes by questioning whether Google can reinvent itself in the AI era, highlighting challenges across multiple business segments.

After stripping away search dominance, what remains is a bloated company with outdated products, inflated valuation, and no clear future direction. This is an investment target for baby boomers that has lost its potential.

Of course, Google will continue to exist in the next decade, but "still existing" is different from "having bright investment prospects". If it cannot quickly break through existing bottlenecks, redefine its positioning, or transform, Google's future may not be so optimistic.

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