Nasdaq loses $1tn in value as AI spending concerns trigger tech sell-off
The Nasdaq 100 faces a monthly loss of over $2tn as investors question if massive spending on artificial intelligence will yield sufficient returns. Tech…
Topic
#Alphabet
Alphabet loses $510 billion in market value after search revenue slump
Alphabet's market value dropped to $3.46 trillion after third-quarter earnings missed projections due to slowing search growth. Google chief business officer Philipp Schindler noted…
Alphabet shares fall as net profit drops 25 percent to $26.2bn
Alphabet shares lost hundreds of billions in value after quarterly net profit fell 25 percent to $26.2bn, missing analyst expectations. While Google Cloud revenue…