Macro Finance
Google value plunges by $500bn as AI fears rattle Wall Street
BBC Business·October 29, 2026·1 min read
Google's stock plunged to a six-month low, wiping out $500 billion in market value, after the company revealed that its AI search summaries are hurting ad revenue. The disclosure spooked investors, triggering a sharp sell-off in the tech giant's shares.
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