# Google loses $500bn in value as AI fears shake Wall Street

https://mins.news/en/item/121911

- BBC News, 2026-10-29 22:17 UTC
- Economy
- Original: https://www.bbc.co.uk/news/articles/cm9qzdqpxy48o?at_medium=RSS&at_campaign=rss

> 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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