Google parent company takes $500bn market hit over AI fears
The Independent reported this first. 17 outlets have covered it since.
· Updated
Who reported it
- The Independent Google misses revenue expectations, Alphabet stock sinks in early after-hours trading
- Japan Today Shares in Google owner Alphabet sink on profit miss, ad slowdown
- NZ Herald Microsoft beats expectations, Google sinks after profit miss
- Semafor Google stock falls after earnings miss
- New York Post Google parent Alphabet tumbles after profit disappoints, warns AI is battering its cash flow
- The Guardian Investors turn on Google owner Alphabet after profit miss, ad slowdown and high spending
- Daily Maverick Alphabet stock sinks as search woes cause revenue miss, cash burn worsens
- Daily Sabah Google parent Alphabet shares slump on concerns over AI spending
- NBC News AI fears hammer Google parent’s stock, erasing $500 billion in value
- Sky News Google parent company takes $500bn market hit over AI fears
- CNBC Alphabet earnings miss reflects first real sign that AI is taking a bite out of search
- Financial Times US tech stocks fall after earnings fuel AI spending concerns