Alphabet delivered its best quarter ever and lost $294 billion of market value the next day, the largest single-session wipeout in company history.
Alphabet raises 2026 capex to $195-205B, with 2027 >$257B expected—first time operating cash flow below capex, repositioning as AI infrastructure player. Hyperscalers ($512B capex, $1T by 2027) have shifted competitive model: infrastructure cost-of-capital now drives tech decisions, not margin upside.
Alphabet Inc.
(NASDAQ:GOOG) (NASDAQ:GOOGL) just erased $294 billion in market value in a single session — roughly the size of an entire Palantir Technologies Inc.
The 7.1% plunge marked Alphabet's worst trading day since May 2025 and the largest one-day destruction of shareholder value in the company's history.
The Google parent's market value slumped to $3.889 trillion on Thursday, from $4.183 trillion the day before.
Palantir's total market capitalization was $295.8 billion as of Thursday.
Alphabet stock fell after hours despite beating Q2 revenue estimates with $119.8 billion as raised capex guidance to $195-205…
Alphabet Inc. Class A (GOOGL) is currently at $322.00, down $20.09 or 5.87%
Alphabet shares fell 7.2% intraday after key DeepMind researchers, including a Nobel laureate, departed for OpenAI and Anthropic…
Alphabet shares are trading lower Thursday after the company reported Q2 results on Wednesday after the bell.
Alphabet Inc. Class A (GOOGL) is currently at $353.71, down $14.32 or 3.89%
Alphabet lost $270 billion in market value in a single session, exposing cracks in Wall Street's AI spending thesis and raising…
Alphabet stock slides despite crushing earnings as massive AI spending spooks investors
Alphabet Down Nearly 6%, on Track for Largest Percent Decrease Since May 2025 — Data Talk
Google just posted the biggest quarterly profit ever—$112 billion—and Wall Street is punishing it for doing so | Fortune
Alphabet posts $119.8B revenue as Google Cloud surges 82%
Alphabet's quarterly earnings beat Wall Street estimates, but here's what is spooking investors
Alphabet becomes first company to report $100B quarterly profit
The AI Trade Isn’t Slowing
