Alphabet Loses Almost $500 Billion in Market Cap - Has the AI Bubble Burst Yet? Shares of Alphabet, Google's parent company, recorded this Thursday (29) the biggest daily drop since the company's IPO in 2004. Shares fell 12.64%, ending trading at $283.82, in a move that wiped about $500 billion off its market value.
Alphabet Loses Almost $500 Billion in Market Cap - Has the AI Bubble Burst Yet? Shares of Alphabet, Google's parent company, recorded this Thursday (29) the biggest daily drop since the company's IPO in 2004. Shares fell 12.64%, ending trading at $283.82, in a move that wiped about $500 billion off its market value.
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