Google Loses $500 Billion In Market Value As AI Fears Rattle Wall Street

Google has lost approximately $500 billion in market value as Wall Street reacts to rising AI competition and disruption fears. Shares plummeted 12 percent in morning trading after the company reported its first combined revenue and profit miss in nearly four years. This historic drop was driven partly by a sharp swing into negative free cash flow, significantly impacting investor sentiment and wiping out substantial shareholder value during the most severe decline in the company's history.