Alphabet erases a record US$500 billion as AI eats into sales
Financial Post ·
The Google parent's shares fell more than 13 per cent, for its biggest-ever market value wipeout
Alphabet Inc.’s shares fell more than 13 per cent, for its biggest-ever market value wipeout of more than US$500 billion, after the company reported disappointing search and advertising sales that reinforced investor concerns about AI’s threat to its core business . Read More