Business & Finance · Markets · 27 outlets (L 1 · C 12 · R 6 · 8 not rated)
Alphabet stock suffers worst day ever as AI fears erase $500 billion
The drop followed third-quarter results in which Alphabet missed profit expectations and reported negative free cash flow as artificial intelligence spending surged; revenue grew 25%.[29] Breitbart reported it was Google's first combined revenue and profit miss in nearly four years.[22] Google revealed that its AI search summaries were affecting ad revenue, according to BBC News; Alphabet admitted 'AI mode' has hurt traditional search as sales and profits undershot expectations, per the Financial Times.[31, 35]
Yahoo News reported the loss would be the second-biggest one-day loss ever for a US-listed company; only Nvidia has lost more, about $593 billion on Jan. 27, 2025.[20] The sell-off dragged the broader US market lower and stoked fears of an AI bubble popping.[2, 17, 36] The tech sell-off extended beyond Alphabet: Amazon reported greater capital spending than anticipated and slower e-commerce growth, while Intel shares plunged after a weak sales forecast tied to slowing PC demand.[3, 9, 37]
Why it matters Bank of America now values Google's core search business at about 10 times earnings, compared with 18.7 for the S&P 500.[12]
Covered by The Guardian, NBC News, The Wall Street Journal and 24 more
Read first Google stock's historically bad day raises fears of AI bubble popping
How balanced is this coverage?
Of the 19 rated outlets that covered it, 1 is left of center, 12 are center and 6 are right of center (3 of them in the Right group). 8 more are not rated.
- Left: none.
- Leans left: The Guardian (−0.70).
- Center: NBC News (−0.49), Mashable (−0.45), Fortune (−0.25), ABC News (−0.19), International Business Times (−0.14), CBS News (−0.14), Business Insider (−0.09), Yahoo News (+0.07), Bloomberg (+0.08), UPI (+0.17), Forbes (+0.19), CNBC (+0.40).
- Leans right: The Wall Street Journal (+0.63), New York Post (+0.64), Reason (+0.94).
- Right: The Washington Times (+1.27), Fox Business (+1.66), Breitbart (+2.03).
Not rated BBC News, Fast Company, Financial Times, Los Angeles Times, Semafor, Sky News, The Register, The Information. Not placed: they have no lean score.
Each dot is an outlet that covered it, placed by its audience-lean score (Eady et al. 2025), which measures who shares its links, not how accurate it is. The ticks under the line are all 113 rated outlets Tare reads.