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Google Erases a Record $500 Billion as AI Eats Into Sales

Alphabet Inc.’s shares fell more than 13%, erasing more than $500 billion in its biggest-ever market plunge, after the company reported disappointing search and advertising sales that reinforced investor concerns about AI’s threat to its core business. Bloomberg's Mandeep Singh joins to discuss this as well as the possible Marvell and Lumentum Holdings deal as well as DoorDash buying Instacart. (Source: Bloomberg)

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BloombergLean L·4h ago
Google Erases a Record $500 Billion as AI Eats Into Sales
Alphabet Inc.’s shares fell more than 13%, erasing more than $500 billion in its biggest-ever market plunge, after the company reported disappointing search and advertising sales that reinforced investor concerns about AI’s threat to its core business. Bloomberg's Mandeep Singh joins to discuss this as well as the possible Marvell and Lumentum Holdings deal as well as DoorDash buying Instacart. (Source: Bloomberg)
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Google Erases a Record $500 Billion as AI Eats Into Sales

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Google Erases a Record $500 Billion as AI Eats Into Sales

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