Google value plunges by $500bn as AI fears rattle Wall Street

Google's market value has plummeted by over $500 billion this week, following disappointing business updates from its parent company, Alphabet. Investors are reacting to significant impacts on ad revenue due to AI summaries, pushing the stock to a six-month low. This troubling trend includes a 25% drop in profits and a negative cash flow exceeding $9 billion.

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