Is the world's digital librarian about to lose its shelf space? Alphabet (GOOGL) is at the epicenter of an AI arms race, simultaneously securing a potential monumental cloud deal with Anthropic while facing a direct, existential threat to its core search business from a competitor's new browser. The result is a dramatic market stalemate: a long-term bullish trend facing exhausted short-term momentum and a deeply conflicted analyst community. On D-Risk, we cut through this fundamental tug-of-war, dissect the nervous options sentiment, and reveal the exact technical levels where the battle for GOOGL's immediate future will be won or lost.