Alphabet stock plunges 13% after earnings, wiping out nearly $500 billion in market value
Alphabet (Google’s parent company) shares fell about 13% on Thursday after the company reported its third-quarter results. The stock was on track for its worst single-day fall since the company went public in 2004. Alphabet shares plunge 13% after earnings as AI spending and weaker-than-expected Google Search revenue worry investors. (AP) The sharp fall put … Read more