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

Economic TimesGoogle’s parent company Alphabet’s shares plunge 12.6%, loses almost $500 billion in market value
Image: The Hindu

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.

Summary from The Hindu

Read the full story on The Hindu

Timeline

  1. Economic Times first reported it
  2. Mint reported it
  3. Hindustan Times reported it
  4. NDTV Profit reported it
  5. NDTV reported it
  6. Times of India reported it
  7. The Hindu reported it
  8. Latest update
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