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deep tech Slashdot October 29, 2026

Alphabet Heads For a $500 Billion Drop In Market Value

Alphabet Heads For a $500 Billion Drop In Market Value
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Yesterday, Google reported its Q3 results that showed searches made through its AI Mode generate less revenue than traditional search, even as overall search revenue grew 12% year over year to $63.25 billion. The news sent Alphabet shares plunging, with Bespoke Investment Group reporting that the stock is on track for its steepest post-earnings decline since the company went public in 2004. Yahoo Finance reports: At its low, Alphabet had lost $524 billion in stock market value, the second-bigges

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