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Finance & Markets

Google’s parent company Alphabet’s shares plunge 12.6%, loses almost $500 billion in market value

Alphabet shares plunged a record 12.64% on Thursday—wiping out $482 billion in market value—and fell another 0.42% in Friday pre-market trading, following quarterly earnings that fueled investor anxiety over whether massive AI investments will pay off.

Google’s parent company Alphabet’s shares plunge 12.6%, loses almost $500 billion in market value

We haven't written up this one. The Hindu - Sci-Tech has the full story — the link below goes straight to it.

Read the original at thehindu.com →

More in Finance & Markets

5 Dividend Stocks to Buy and Hold for the Next 5 Years

Five consumer dividend stocks with real 2026 catalysts and the risks that could slow them down are worth a look before the next earnings cycle.

  • Weis Markets (WMK) invests in smaller stores and facility upgrades.
  • Oil-Dri of America (ODC) has paid and raised dividends since 1974.
  • Universal Corp. (UVV) raised its dividend by 10% in May, becoming a Dividend King.

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