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Alphabet Faces Historic Stock Market Plunge, Losing $500 Billion in Value

Alphabet Faces Historic Stock Market Plunge, Losing $500 Billion in Value

Alphabet just had its worst day as a public company. BofA now values Google search at a lower multiple than fossil fuel stocks
Alphabet just had its worst day as a public company. BofA now values Google search at a lower multiple than fossil fuel stocks

Search revenue missed forecasts and free cash flow went negative. Bank of America now values Google’s core search business at about 10 times earnings, against 18.7 for the S&P 500.

Alphabet’s brutal day on the stock market

Google owner admits ‘AI mode’ has hurt traditional search as sales and profits undershoot expectations

Veteran fund manager revamps Alphabet stock price target after brutal sell-off
Veteran fund manager revamps Alphabet stock price target after brutal sell-off

Alphabet (GOOGL) shares suffered their worst post-earnings sell-off on record, as investors grew increasingly concerned about the cost of the artificial intelligence boom. The Google parent...

Alphabet shares record their worst day ever, shedding $500B in value
Alphabet shares record their worst day ever, shedding $500B in value

Shares of Google parent company Alphabet sank 12.6%, the company’s worst ever single-day drop.

Google stock just had its worst day ever: Why the markets are so spooked
Google stock just had its worst day ever: Why the markets are so spooked

Alphabet stock recorded its worst-ever day on Thursday, dropping 12.29 percent by close of day; Alphabet is the owner of Google, among other companies. The drop came despite the very strong...

Alphabet Sheds Half a Trillion in Market Value in Stock’s Worst Day Ever
Alphabet Sheds Half a Trillion in Market Value in Stock’s Worst Day Ever

Discontent with the Google parent’s quarterly results highlights the tensions of its transition from search engine to artificial-intelligence hyperscaler.

Alphabet's Shares Plummet Amid Profit Miss and Rising AI Costs, Sparking Investor Concerns

Google parent Alphabet’s shares plunge 12.6% as investors question returns from AI spending
Google parent Alphabet’s shares plunge 12.6% as investors question returns from AI spending

Company reports 25% revenue growth, but quarterly infrastructure spending crosses $51 billion; lower advertising revenue from AI-powered Search queries adds to concerns

Shares in Google owner Alphabet sink on profit miss, ad slowdown
Shares in Google owner Alphabet sink on profit miss, ad slowdown

Alphabet has witnessed a notable decline in its net profit and advertising revenue for the third quarter, specifically from July to September. The net profit dropped 25 percent to USD 26.2...

Google owner Alphabet’s shares plummet on profit miss, ad slowdown
Google owner Alphabet’s shares plummet on profit miss, ad slowdown

Net profit slid 25 percent from a year earlier to $26.2 billion in the July-to-September period, or $2.12 per share

Google Cloud revenue doubles to $30.7 billion, but AI Infra spending hits $51 billion
Google Cloud revenue doubles to $30.7 billion, but AI Infra spending hits $51 billion

Despite Google Cloud revenue doubling and operating income tripling, nervous investors drove Alphabet's shares down 10% in after-hours trading.

Alphabet’s Revenue Rises 25% as Profit Falls
Alphabet’s Revenue Rises 25% as Profit Falls

The company has been spending relentlessly to build A.I. and said it would increase those investments next year. Profit dropped because of changes to the value of its investments.

Alphabet shares plunge 10% after Google parent misses profit estimates, AI costs mount
Alphabet shares plunge 10% after Google parent misses profit estimates, AI costs mount

Alphabet’s revenue grew 25 per cent and Google Cloud sales more than doubled, but an earnings miss and $9.07 billion in negative free cash flow rattled investors

Google revenue misses estimates despite 25% growth; Alphabet shares fall
Google revenue misses estimates despite 25% growth; Alphabet shares fall

Google parent company Alphabet Inc. came up short of Wall Street expectations despite strong revenue growth in its third-quarter results, which sent its stock falling in after-hours trading...

Why Google Stock Is Down Even After Cloud Revenue Doubled
Why Google Stock Is Down Even After Cloud Revenue Doubled

Google Cloud doubled its revenue in Alphabet's Q3 earnings, yet Google stock still fell about 11% the next morning.

Google's AI search problem finally shows up in the earnings report, some investors believe
Google's AI search problem finally shows up in the earnings report, some investors believe

Google's stock dropped as much as ten percent after its quarterly earnings. Cloud revenue more than doubled to $30.7 billion, but search revenue grew just 12 percent, slower than expected. Google...

Google misses Wall Street expectations, Alphabet stock sinks in early after-hours trading
Google misses Wall Street expectations, Alphabet stock sinks in early after-hours trading

The Mountain View, California-based company said its net income was $26.17 billion in the July-September period. That's down from $34.98 billion in the same period a year earlier.

Alphabet earnings miss reflects first real sign that AI is taking a bite out of search
Alphabet earnings miss reflects first real sign that AI is taking a bite out of search

Wall Street hammered Alphabet for an earnings miss that included weaker-than-expected revenue out of the company's core business.

Alphabet falls 10% in what could be its biggest ever post-earnings fall
Alphabet falls 10% in what could be its biggest ever post-earnings fall

Alphabet reported a larger negative free cash flow than analysts had expected while maintaining its spending gudiance for the year.

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