Alphabet shares plunge nearly 15% to $283.11, erasing ~$520B in market value as AI spending squeezes cash flow

Alphabet shares plunged nearly 15%, tumbling to $283.11, as aggressive AI spending squeezed cash flow and triggered a selloff that erased roughly $520 billion from the company's market value. Search revenue missed at $63.4B versus $64.9B expected.

Detected & updated continuously · Source: Nebula