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Alphabet Loses $500 Billion in Value After Earnings Miss Fuels AI Fears

Alphabet's worst trading day on record exposed investor worries that AI search earns less money while infrastructure spending consumes cash, despite strong growth in its cloud business.

Read the full story → · Latest coverage 29 Oct 2026, 11:32 pm UTC

Chapters · 2

  1. 1YouTube Ad Revenue Rises as Alphabet Misses Estimates and Shares Fall
  2. 2Alphabet Loses $500 Billion in Value After Earnings Miss Fuels AI Fears

Key moments · 8

Alphabet faces skeptical investors ahead of quarterly earnings

CNBC Technology ↗

Alphabet reports $127.6 billion revenue, below investor expectations

Forbes ↗

YouTube advertising growth slows to 9% in third quarter

Variety Movies ↗

Investment valuation changes pull Alphabet profit lower

NYT > Technology ↗

Alphabet shares drop as profit and free cash flow disappoint

The Hindu - Technology ↗

Investors question advertising returns from AI-powered searches

The Register ↗

Alphabet maintains 2026 capital spending guidance

Breaking News on Seeking Alpha Business & Economy ↗

Alphabet shares plunge as debt and AI worries intensify

NBC News ↗

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