Alphabet Loses Half-Trillion Dollars as AI Spending Hits Wall Street, United States

Alphabet shares plunge sharply as AI costs erase five hundred billion dollarsIts value fell from nearly four trillion to three and a half trillion

Google said AI search summaries hurt advertising, sending shares to six-month lows

Revenue rose twenty-five percent while Google Cloud soared one hundred three percentProfit fell roughly twenty-five percent, and free cash flow turned sharply negative

Amazon shares fell six percent after hours amid forty-two billion cash outflowMicrosoft's revenue grew, yet analysts still question where AI's real value lies