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Alphabet's Market Value Plummets Over $500 Billion Amid AI Spending Concerns

Alphabet's Market Value Plummets Over $500 Billion Amid AI Spending Concerns

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.

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...

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

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...

Alphabet loses over $500 billion in market value as AI hits Google search
Alphabet loses over $500 billion in market value as AI hits Google search

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.

Google parent loses $511 billion in market value as AI pressures search and ad sales
Google parent loses $511 billion in market value as AI pressures search and ad sales

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.

Alphabet loses $500 billion in market value
Alphabet loses $500 billion in market value

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.

What Google’s Search Ad Revenue Numbers Signal For AI Search Spend
What Google’s Search Ad Revenue Numbers Signal For AI Search Spend

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...

Google shares drop 7% as search business falls short and AI spending surges
Google shares drop 7% as search business falls short and AI spending surges

Search giant boosted spending on AI investments to more than $50bn in the quarter

Google’s AI bet bites back in record US$500b market wipeout
Google’s AI bet bites back in record US$500b market wipeout

Alphabet shares tumble as Google’s AI spending and weak search sales trigger a US$500 billion market wipeout.

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