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

10/30/2026

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

10/29/2026

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

10/29/2026

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...

10/29/2026

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

10/29/2026

Alphabet lost over $500 billion in market value as weaker-than-expected search and advertising sales raised concerns over AI's impact on Google's core business and soaring infrastructure costs.

10/29/2026

Alphabet’s shares fell by 13%, erasing more than $500 billion in market value in the company’s worst single-day performance after it reported slowing search revenue growth.

10/29/2026

Alphabet shares plunged more than 13%, wiping out $511 billion in market value after search and advertising sales missed forecasts, intensifying concerns that AI is weakening Google’s core business.

10/29/2026

Alphabet shares fell about 13% Thursday after Q3 results showed slower Search revenue growth alongside heavy AI spending. The selloff renewed concerns about how Google will fund its AI expansion...