EconomyGoogle loses $500bn in value as AI fears shake Wall Street
Alphabet lost just over $500bn in market value on Thursday, and its shares fell to a six-month low after it said AI summaries in Google Search were affecting ad revenue. Investors were also unsettled by the scale of AI spending and its impact on core businesses and cash flow.
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BBC News★★★☆☆2026-10-29 22:17Original
Google loses $500bn in value as AI fears shake Wall Street
Economy