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Alphabet's market value wiped out by $500 billion

5 statements from 5 sources on Oct 29, 2026, 13:33–23:17 UTC
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Statements (5)

  1. Bearish

    Alphabet suffered a nearly $500 billion stock market wipeout due to investor concerns over Google's AI spending.

    foxbusiness.com
  2. Bearish

    Alphabet is erasing $500 billion in value as ChatGPT and Google AI cut into search revenue.

    bloomberg.comHigh importance
  3. Bearish

    Google's market value has been reduced by $500 billion due to AI competition with Search.

    finance.yahoo.com
  4. Bullish

    ASX is expected to rise following a $500 billion wipe from Google parent Alphabet.

    afr.comHigh importance
  5. Bearish

    Google suffered a record $500bn share price wipe-out due to fears over AI.

    independent.ie