Market2026-10-30

Alphabet’s share price fell just over 12 percent on Thursday. The drop erased about $500bn in market value. The company admitted its AI mode has hurt traditional search. Sales and profits also undershot expectations.

  • 12% share price drop
  • $500bn market value lost

Send this to someone who needs it

Shares the story and its sources. Nothing about you.

What does this mean for your job?

This is the story as everyone gets it. Once a week we send you the version written for your role — what changed, why it matters for the work you actually do, and one thing to try. Free while we tune it.