Alphabet Shares Down the Most Since Early Fed

Rohit Kolkani: For the last 15 years, we have never had a real competitor. Every company has tried to be a dominating company in search and hasn't budged Google at all. In the last 90 days, people are questioning that. That's what we are trying to figure out, whether is this a sentiment or perception issue or is this 12 months from now a real fundamental issue?