The catalyst behind the market panic was Alphabet’s latest quarterly performance, where flagship Google Search revenue fell short of analysts' expectations
Alphabet's shares suffered their steepest-ever single-day decline as slowing search revenue growth and heavy AI investments raised concerns about whether the technology giant can turn its AI...
Shares in Google's parent company Alphabet have suffered their worst-ever day on the US stock market, falling more than 12% and knocking around half a trillion dollars off its value.
Wall Street hammered Alphabet for an earnings miss that included weaker-than-expected revenue out of the company's core business.
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