Google shares plunge $500B on AI panic
Published 1 d ago1 sourceEvidence: Reported
Alphabet (Google) has reported two consecutive quarters of negative cash flow, triggering a historic sell-off that erased up to $500 billion in market capitalization. The magnitude of the loss suggests investor panic over sustained cash burn, though the exact cause (e.g., AI capex, cloud slowdown) is not specified. This marks a significant reversal for a company previously seen as a cash-generative tech giant, and the market reaction indicates heightened risk aversion toward mega-cap tech.
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