https://www.live-feeds.com/feed/google-stock-plunges-12-joe-carlson-calls-shares-cheapContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/google-stock-plunges-12-joe-carlson-calls-shares-cheaphttps://www.live-feeds.com/feed/google-stock-plunges-12-joe-carlson-calls-shares-cheap#u170142Mon, 02 Nov 2026 13:30:28 +0000Alphabet shares dropped 12 percent, marking the worst single-day loss in the company's history and erasing half a trillion dollars in market value. The severe market downturn followed disappointing revenue and income reports from Google's parent company. Concerns regarding artificial intelligence spending heavily impacted the stock, pushing a trading metric to a level not seen in more than a decade. Despite the historic crash, market observer Joe Carlson characterized the shares as cheap following the steep decline.Why it mattersThe sharp drop in market value compounds a difficult pe