BusinessPhoto: Hindu TechAlphabet Shares Plunge 12.6%, Losing $482 Billion in Market Value
Alphabet, Google's parent company, saw its shares drop 12.64% on Thursday, erasing $482 billion in market value. The decline continued with a further 0.42% fall in Friday pre-market trading. This sharp drop followed quarterly earnings that raised investor concerns about the returns on Alphabet's significant AI investments.
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