GgoogleMX first seen 1 d ago, last 17 h ago, peak #1

Alphabet hit by $500 billion market value rout

Original: google stock

Alphabet shares have tumbled sharply after its latest earnings report, wiping out roughly $500 billion in market value in what would be the biggest single drop in the company's history. Investors disliked the quarter, with reports pointing to two main reasons behind the sell-off. The plunge is drawing attention across markets in multiple countries.

Why now: Alphabet's record $500 billion market value loss after earnings is a major market event.

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Evidence

• Alphabet heads for a $500 billion drop in market value, the biggest in its history · Yahoo Finance
• Alphabet shares tumble in $500bn rout · Financial Times
• Google stock gets shredded after earnings—here's 2 reasons why investors hated the quarter · Yahoo Finance

Elsewhere

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• GgoogleNL #8 · 2 d ago
• GgoogleES #10 · 2 d ago
• GgoogleCA #2 · 2 d ago

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