Alphabet’s October wipeout hits $758 billion, its worst month ever
Alphabet experienced its worst month ever, with a $758 billion wipeout in market value. The company's stock price plunged, erasing over $500 billion in value. This significant decline is attributed to disappointing revenue and income reports.
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- ✓ Alphabet lost $468 billion in market value in one week, more than SpaceX, Intel and Nvidia combined.
- ✓ Alphabet's October wipeout hit $758 billion, its worst month ever.
- ✓ The company's stock price plunged nearly 13% on October 29, 2026, wiping out approximately $475 billion in market value.
What changed
The extent of Alphabet's market value loss in October has been quantified, with multiple sources confirming the $758 billion wipeout.
Live updates
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Alphabet's October wipeout hits $758 billion
Alphabet experienced its worst month ever, with a $758 billion wipeout in market value. The company's stock price plunged, erasing over $500 billion in value. This significant decline is attributed to disappointing revenue and income reports.
Why it matters
The substantial loss in market value is a notable event in the financial market, particularly for a US-listed company. Alphabet's poor performance has raised concerns among investors and analysts. The company's stock price has been under pressure due to various factors, including intense competition and changes in the market landscape.
What is confirmed
- Alphabet lost $468 billion in market value in one week, more than SpaceX, Intel and Nvidia combined.
- Alphabet's October wipeout hit $758 billion, its worst month ever.
- The company's stock price plunged nearly 13% on October 29, 2026, wiping out approximately $475 billion in market value.
What to watch next
- Alphabet's upcoming earnings report
- Market reaction to the company's Q3 earnings call
- Investor sentiment towards Alphabet's stock
confidence 90%Sources used for this update (18)
- finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
- Bloomberg.com — Alphabet Reports Disappointing Revenue, Income; Shares Drop
- NBC News — Google-parent Alphabet’s stock price plunges, erasing more than $500 billion in value
- CNN — Shares of Google’s parent company just had their worst day ever. Here’s what it means | CNN Business
- WSJ — Alphabet Sheds Half a Trillion in Market Value in Stock’s Worst Day Ever
- cashwalklabs.io — GM will switch to Nasdaq from the NYSE on Nov. 17
- Barron's — Alphabet Stock: Keep Calm and Buy the Dip, Barron’s Says
- Yahoo Finance — Alphabet’s October wipeout hits $758 billion, its worst month ever
- Reuters — Wall St Week Ahead: Midterm US elections, earnings, jobs data loom for AI-wary stock market
- CNN — Shares of Google’s parent company just had their worst day ever. Here’s what it means
- Barchart.com — Alphabet's Earnings Horror Show Continues, But GOOG Stock Is a Buy Below $300
- Seeking Alpha — Alphabet: Market Misunderstanding Is Baffling, But Don't Be Fooled
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