https://www.live-feeds.com/feed/google-parent-alphabet-suffers-nearly-500b-wall-street-wipeout-amid-ai-spending-fearsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/google-parent-alphabet-suffers-nearly-500b-wall-street-wipeout-amid-ai-spending-fearshttps://www.live-feeds.com/feed/google-parent-alphabet-suffers-nearly-500b-wall-street-wipeout-amid-ai-spending-fears#u173904Wed, 04 Nov 2026 11:06:49 +0000Google parent Alphabet suffered its worst day ever on Wall Street, shedding nearly $500 billion in market value after shares plunged over 12 percent following its third-quarter update. Management reported disappointing earnings, slower-than-expected trends in core search and advertising activity, and substantial negative free cash flow driven by heavy artificial intelligence and data center spending. The sell-off dragged the stock to a six-month low as investors reacted to disclosures that automated search summaries are impacting ad revenue.Why it mattersThe steep market decline reflects mount