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Google Stock Crashes, Wiping $500 Billion Amid AI Panic

Google Stock Crashes, Wiping $500 Billion Amid AI Panic

By Karim Hammam

Google's stock price plummeted in its largest single-day market crash, erasing approximately $500 billion in market value as investors reacted to growing concerns over the company's artificial intelligence strategy.

The sell-off reflects mounting panic about Google's competitive position in the AI race, with analysts questioning the sustainability of its core advertising business amid rapid technological shifts.

Shares of Alphabet, Google's parent company, fell sharply during trading, marking the steepest decline in the company's history and raising broader questions about the valuation of major tech firms heavily invested in AI development.

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