Heurist Finance

Alphabet shares fall 13%, erasing $500B on weak search and ad sales

Bloomberg ·
GOOGL
Alphabet shares fall 13%, erasing $500B on weak search and ad sales
  • Alphabet shares fell more than 13% on Oct 29, 2026, erasing more than $500 billion in the company's biggest-ever market plunge.
  • The drop followed disappointing search and advertising sales that reinforced investor concerns about AI's threat to Alphabet's core business.

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