Alphabet (NasdaqGS:GOOGL) recently experienced a 2.05% decline in its share price over the last week. This period was marked by significant developments for the company, including ongoing discussions about acquiring Israeli cybersecurity firm Wiz,

KEY TAKEAWAYS Google parent Alphabet has struck a deal to buy cybersecurity startup Wiz for $32 billion in an all-cash transaction, the tech giant’s largest acquisition ever. Wiz will join Google's cloud business if the deal is approved by regulators.