Alphabet, the parent company of Google, experienced a significant drop in its shares due to multiple threats. A 5.01% decline was reported after Google's Threat Intelligence Group identified a new malware named "LOSTKEYS" linked to the Russian government-backed threat group Cold River. Additionally, a 7% decline followed reports of Apple's potential development of an AI-powered search tool, raising competition concerns. An Apple executive hinted at integrating AI chatbots into devices, further impacting Google's search business. Barclays also highlighted long-term risks from a Department of Justice trial, focusing on a multi-billion dollar default search engine agreement with Apple. The market reaction reflects uncertainty and apprehension regarding Alphabet's position in the evolving AI landscape.