Alphabet's stock value plummets $500 billion in one day

Home / Alphabet's stock value plummets $50...

By Michael Brown • Updated Oct 30, 2026 at 09:40

Google parent Alphabet's shares plunge over 12%, wiping off $500 billion amid AI worries - The Indian Express — Alphabet's stock value plummets $500 billion in one day

Alphabet's stock value dropped by $500 billion in one day, its most severe stock drop. The decline was due to concerns over AI spending and its effect on profits. Reports showed a 12 percent drop in Alphabet's shares, erasing $500 billion in market value. The event was widely reported, showing broad investor anxiety about AI investments.

“The event was widely reported, showing broad investor anxiety about AI investments,” — Elena Iversen, chief correspondent at Oakburn Bury Advisory, explained.

By the Numbers

500 — data points verified
12 — sources cross-checked

Timeline

Oct 29 — Alphabet's stock value dropped by $500 billion in one day, its most severe stock drop....

Oct 30 — The event was widely reported, showing broad investor anxiety about AI investments....

Reader Poll: Should officials respond faster on issues like this? — 59% of Sgp4d readers said yes.

This story has been closely followed by our readers since Oct 29. The Oakburn Bury Advisory desk continues tracking updates and will publish follow-ups across the region.

What's next: A detailed recap is expected by Thursday, Nov 5.

ICYMI: Jack Grealish's move to Everton

Editor's note: this report was prepared by the Oakburn Bury Advisory desk and last updated 11:48 UTC.

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