OpenAI Launches ChatGPT Atlas Browser, Causing Decline in Alphabet Stock Prices
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 21 2025
0mins
Source: CNBC
Alphabet's Stock Reaction: Shares of Google parent Alphabet fell 3% following OpenAI's announcement of ChatGPT Atlas, an AI-powered web browser.
OpenAI's Product Launch: OpenAI teased the launch of ChatGPT Atlas through a video and a livestream, describing it as a new browser available globally on macOS, with plans for Windows, iOS, and Android versions.
Competitive Landscape: The launch of ChatGPT Atlas positions OpenAI in direct competition with existing AI browsers like Google's Gemini and Perplexity's Comet, which are also vying for user attention and market share.
Features of Competing Browsers: Perplexity's Comet browser offers functionalities such as web searching, tab organization, and email drafting, while Google's Gemini model enhances Chrome with AI capabilities for user assistance.
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Analyst Views on GOOGL
Wall Street analysts forecast GOOGL stock price to rise
33 Analyst Rating
26 Buy
7 Hold
0 Sell
Strong Buy
Current: 361.210
Low
305.00
Averages
374.25
High
400.00
Current: 361.210
Low
305.00
Averages
374.25
High
400.00
About GOOGL
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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