Alphabet value plunges by $500bn as AI fears rattle Wall Street
Source: Sri Lanka Mirror
Category: Business
Region: General
Published: October 30, 2026 at 04:14
๐ Summary
Google parent Alphabet lost just over $500bn (ยฃ374bn) in value on Thursday after it rattled Wall Street with its last update of the year on its business operations. Google spooked investors so badly that its stock hit a six-month low, after it revealed its artificial intelligence (AI) summaries on search were affecting ad revenue. Microsoft [โฆ]