Kairos Reports
Menu

Google loses $500bn in market value as AI pressures search advertising

BusinessDay's headline. Reported by BusinessDay, BusinessDay.

File picture: Lightfast Media via Wikimedia Commons, CC BY-SA 4.0

What BusinessDay reported

Alphabet, Google’s parent company, has lost more than $500 billion in market value after its shares plunged 13 percent following

The publisher's own words, quoted for review. Every outlet carrying the story is listed below with its link.

Google loses $500bn in market value as AI pressures search advertising. Alphabet, Google’s parent company, has lost more than $500 billion in market value after its shares plunged 13 percent following Covered by 2 publications. BusinessDay: Google loses $500bn in market value as AI pressures search advertising. BusinessDay: Google loses $500bn in market value as AI pressures search advertising.

Who is covering it

  1. BusinessDay Nigeria Google loses $500bn in market value as AI pressures search advertising Alphabet, Google’s parent company, has lost more than $500 billion in market value after its shares plunged 13 percent following 17 h ago · Tier 2
  2. BusinessDay Nigeria Google loses $500bn in market value as AI pressures search advertising Alphabet, Google’s parent company, has lost more than $500 billion in market value after its shares plunged 13 percent following 17 h ago · Tier 3

Headlines and excerpts are the publishers' own, shown under quotation for review and linked to the originals.

More from Business

File picture: Eurico Zimbres via Wikimedia Commons, CC BY-SA 2.5
Breaking Business · Companies

Tech Firms’ Debt-Protection Costs are Surging on Profit Concerns

Costs to protect the debt of numerous US technology heavyweights against default hit fresh record highs Friday, with disappointing quarterly reports from Intel Corp. and Amazon.com Inc. spurring fresh concerns on whether the massive debt binge financing the AI boom will pay off. Excerpt, Bloomberg Markets

Source Bloomberg Markets