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Yhn BusinessFinance first seen 3 d ago, last 1 h ago, peak #3

Alphabet heads for record $500 billion market value drop

Original: Alphabet heads for a $500B drop in market value, biggest in its history

Alphabet, Google's parent company, is on course for a $500 billion decline in market value, which would be the largest drop in the company's history. The figure underscores the scale of the selloff in one of the world's most valuable companies and is drawing attention from investors tracking the fortunes of Big Tech.

Why now: A historic half-trillion-dollar loss in market value at one of the world's largest companies is a major event for markets and investors.

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