Google parent Alphabet is tapping the bond market with a major high-grade corporate debt offering. Here's what investors need to know.

Google parent Alphabet Inc. reported first-quarter revenue and profit that exceeded analysts’ expectations, buoyed by continued strength in its search advertising business.

Ben Reitzes, Melius Research head of technology research, said in a latest interview with CNBC that Alphabet Inc (NASDAQ:GOOG) search business is under threat from other companies and it “does not matter” how many models the company releases to keep up with the competition. The analyst brought up Kodak to highlight a possible outcome for Google.