{
  "id": 17152690,
  "title": "Alphabet Sheds $500 Billion in a Single Day Despite Cloud Growth of 103%",
  "url": "https://urgent.news/2026/10/30/alphabet-sheds-500-billion-in-a-single-day-despite-cloud-growth-of-103",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-30T00:28:01.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/10/29/alphabet-sheds-500-billion-in-a-single-day-despite-cloud-growth-of-103/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Alphabet Inc., the parent company of Google, suffered its worst ever day in trading, shedding $500 billion in market capitalization in a single day. Despite a 25% year-over-year revenue increase to $127.6 billion, driven by a 103% surge in Google Cloud revenues, the tech giant's stock plummeted over 13%. This drop marked the biggest share price decline since Alphabet went public in 2004, and was the second-largest one-day market cap drop in U.S. history. While Google search revenue grew by 12% to $63.4 billion, it represented a slowdown from the 17% growth seen in Q2. Operating income, however, rose 30% to $31.2 billion, but ended the quarter with a $26.2 billion net loss, down 25% from the previous year. The company's capital expenditures surged to $51.4 billion, a record high, and negative free cash flow reached $9.1 billion. Alphabet's heavy investment in AI infrastructure and solutions, while driving cloud revenue growth, is also proving costly and may erode Google Search's dominance if trends persist.",
  "summary": "It was literally Google's worst day ever.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Alphabet Sheds $500 Billion in a Single Day Despite Cloud Growth of 103%",
        "url": "https://urgent.news/2026/10/30/alphabet-sheds-500-billion-in-a-single-day-despite-cloud-growth-of-103-17153817",
        "published": "2026-10-30T00:48:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}