www.mediafax.ro/externe/alphabet-pierde-500-de-mil

Alphabet, Google's parent company, experienced its largest stock drop ever, with shares falling over 12% in one day, erasing $500 billion in market value. Investor concerns about high AI development costs and profit outlooks contributed to this decline. The company's quarterly report revealed disappointing results, with ad revenue growth lagging behind expectations and a negative free cash flow of $9.07 billion. Alphabet plans record investments of $205 billion this year, primarily for AI infrastructure. This situation reflects broader market anxieties regarding the profitability of AI investments, as companies face rising financing costs. Other tech firms, like Meta, have also seen market cap declines, while SpaceX considers going public to raise funds.