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Alphabet's $500 Billion Plunge: Investors Fear AI Spending May Signal a Bubble Burst

Alphabet's $500 Billion Plunge: Investors Fear AI Spending May Signal a Bubble Burst

Google’s parent company Alphabet’s shares plunge 12.6%, loses almost $500 billion in market value
Google’s parent company Alphabet’s shares plunge 12.6%, loses almost $500 billion in market value

Alphabet shares plunged a record 12.64% on Thursday—wiping out $482 billion in market value—and fell another 0.42% in Friday pre-market trading, following quarterly earnings that fueled investor...

Why investors are worried despite Alphabet’s 25% revenue growth and Google Cloud’s revenue more than doubling | Explained
Why investors are worried despite Alphabet’s 25% revenue growth and Google Cloud’s revenue more than doubling | Explained

Google’s parent company is investing heavily in artificial intelligence infrastructure as its cloud business expands. But the spending is weighing on cash flow, while AI-powered search raises...

Alphabet loses $475B as AI spending pushes free cash flow deeper into the red
Alphabet loses $475B as AI spending pushes free cash flow deeper into the red

Alphabet (GOOGL) lost about $475 billion in market value according to its earnings results on October 28. Its third-quarter revenue increased by 25% to $127.6 billion. However, even after a huge...

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.

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

Half A Trillion Wiped Out! Google Parent Alphabet's Shares Plunge 13% Over AI Fears In Historic Wall Street Crash
Half A Trillion Wiped Out! Google Parent Alphabet's Shares Plunge 13% Over AI Fears In Historic Wall Street Crash

The catalyst behind the market panic was Alphabet’s latest quarterly performance, where flagship Google Search revenue fell short of analysts' expectations

Alphabet’s brutal day on the stock market

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

Google value plunges by $500bn as its own AI search hits ad sales
Google value plunges by $500bn as its own AI search hits ad sales

Google spooked investors so badly that its stock hit a six-month low, after it revealed its AI own search summaries were affecting ad revenue.

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...

Google Stock Hammered After Earnings Raise AI Revenue Concerns
Google Stock Hammered After Earnings Raise AI Revenue Concerns

Investors fled the stock this week, sending shares down 13%.

Amid brutal sell-off, what comes next for Google, Amazon and other Big Tech titans?
Amid brutal sell-off, what comes next for Google, Amazon and other Big Tech titans?

Soaring artificial intelligence revenues have failed to shield Intel, Amazon and Google’s parent company Alphabet from a brutal Wall Street sell-off, as their latest quarterly results deepened...

Google stock's historically bad day raises fears of AI bubble popping
Google stock's historically bad day raises fears of AI bubble popping

Google's parent company Alphabet lost over $500 billion in market value today. So is the AI bubble about to pop? NBC News' Allie Canal reports on big tech's spending and how AI is impacting the...

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