www.antena3.ro/economic/companii/alphabet-compania

Alphabet, Google's parent company, experienced a significant drop in market value, losing nearly $500 billion in one day due to a 12.6% decline in stock prices. Investors are concerned about slowing revenue growth amid increasing competition from AI and high investment costs in AI and cloud infrastructure. Despite a 12% revenue increase in Q3, this fell short of analysts' expectations. The company's capital expenditures surged to $51.4 billion, leading to negative free cash flow. Analysts predict a slowdown in search revenue growth, attributing it to a challenging comparison with last year's figures. Google is responding by increasing ad placements in AI-generated summaries, while also facing rising cloud investment costs and a significant accounting loss related to its SpaceX stake.