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AI IntelligenceOct 29, 2026Secondary Market
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GOOGL

Alphabet's stock fell more than 12%, wiping a record $500 billion from its market cap, after the company reported negative cash flow amid its AI spending. The Nasdaq fell over 1.4%.

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AI-generatedSource: techmeme.com
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Alphabet's stock fell more than 12%, wiping a record $500 billion from its market cap, after the company reported negative cash flow amid its AI spending. The Nasdaq fell over 1.4%.