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Myb News · Oct 29, 2026

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Alphabet shares drop 10.5 percent and wipe out $400 billion in value Alphabet, which owns Google, missed earnings estimates as AI search features brought in less money than expected. Third-quarter search revenue hit $63 billion, up just 1 percent from the previous quarter. The company is now rushing to add ads to AI mode for more users worldwide. For the full story

*Alphabet shares drop 10.5 percent and wipe out $400 billion in value* Alphabet, which owns Google, missed earnings estimates as AI search features brought in less money than expected. Third-quarter search revenue hit $63 billion, up just 1 percent from the previous quarter. The company is now rushing to add ads to AI mode for more users worldwide. *For the full story* https://mybnews.com/a/google-faces-a-400-billion-stock-wipeout-after-disappointing-earnings

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