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 anxiety over whether massive AI investments will pay off.
· 10/31/2026, 9:55:07 AM· 2 min read
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 anxiety over whether massive AI investments will pay off.
Read original story →Related stories
technology
AI giants promise publishers new way to block some scraping
technology
Lava to increase smartphone prices by up to ₹3,000
technology
Meta settles, leaving Snap sole defendant in new social media trial
technology