Answer: DOT

A dot is a small, round mark or spot. It can refer to a punctuation mark used to indicate the end of a sentence or it can be a small point or speck. In the context of "What's the point?", it may be used metaphorically to inquire about the purpose or significance of something.

Note: The provided meaning of the answer is for the latest New York Times crossword puzzle clue: Morse code component. Explanations are generated by AI and may be inaccurate.