# Google owner Alphabet loses more than $500bn as AI search hits ad sales

https://mins.news/en/video/122832

- BBC News, 2026-10-30 16:30 UTC
- Economy
- Original: https://www.youtube.com/watch?v=A-dxxTV1b_o

> Alphabet, Google’s parent company, lost just over $500bn in value after saying AI summaries in search were affecting ad revenue. Total revenue was up 25% year on year, but Google shares fell nearly 13% on Thursday to a six-month low. Amazon and Microsoft shares also fell, though both plan to keep investing in the AI race alongside Google.

## Stories

- [Global Markets AI Anxiety and Oil Shock](https://mins.news/en/topic/global-markets-and-ai-oil-shock) — Markdown: https://mins.news/en/topic/global-markets-and-ai-oil-shock.md

## Related coverage

- [Google’s historically bad day fuels fears the AI bubble could burst](https://mins.news/en/video/121766) — NBC News, 2026-10-30
- [Google’s historically bad stock day fuels fears of an AI bubble bursting](https://mins.news/en/item/122468) — NBC News, 2026-10-30
- [Google loses $500bn in value as AI fears shake Wall Street](https://mins.news/en/item/121911) — BBC News, 2026-10-29
- [Alphabet shares plunge in $500bn rout](https://mins.news/en/item/121537) — Financial Times, 2026-10-29
- [Google suffers record $500 billion market-value plunge as AI threatens sales](https://mins.news/en/video/121365) — Bloomberg Television, 2026-10-29
- [Google admits AI search earns less, plans to make up for it with more ads](https://mins.news/en/item/121306) — Ars Technica, 2026-10-29