Alphabet (GOOGL) shares have dropped 15.8% year to date (YTD), underperforming the broader Zacks Computer & Technology sector’s fall of 4.5%. The decline can be attributed to challenging macroeconomic conditions, moderating cloud growth, higher investments in developing cloud infrastructure and increasing regulatory headwinds.GOOGL is suffering from a lack of capacity, and until new capacity comes online this year, cloud revenues are expected to witness increased variability. The company expects to invest r ...