Google loses $200 billion-plus in market value; biggest-ever single-day decline
Alphabet, Google’s parent company, experienced a significant 8% stock drop, erasing up to $211 billion in market value. This downturn followed increased AI investment announcements and a revenue miss.
Impacts22h
Alphabet Might Invest Roughly $75 Billion On Capital Projects
Alphabet CEO Sundar Pichai said the company is planning another big year of spending as it continues to build out its artificial intelligence offering. TakeAway Points: Sundar Pichai, the CEO of ...