Friday, October 30, 2026 · San Francisco
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Alphabet's Cash Burn Erases $500 Billion in a Day

Alphabet shares fell 13% on Thursday, erasing roughly $500 billion of market value in the stock's worst day on record. The owner of Google burned through cash last quarter and said searches in its AI Mode were threatening profits at its core advertising business. The report landed as investors grow increasingly wary of whether the AI investment boom will pay off. The drop is the second-biggest in Wall Street history, behind Nvidia's $593 billion rout in January 2025. The headline figure is approximate: at 1:30 p.m. EDT, with shares down around 12%, the

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Why We Think TypeWhisper Is the Best AI Dictation App

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