AssetID: 56115929
Headline: UNCAPTIONED: Alphabet Loses Over $500 Billion as AI Concerns Hit Tech Stocks
Caption: Alphabet Loses Over $500 Billion as AI Concerns Hit Tech Stocks. Google parent Alphabet lost over $500 billion in market value Thursday as investors questioned AI's impact. Shares fell almost 13 percent after AI search summaries reduced opportunities to sell advertisements alongside results. Despite revenue rising 25 percent to $127.6 billion, quarterly profits dropped 25 percent amid heavy spending. Alphabet reported negative free cash flow exceeding $9 billion as spending on AI investments drained cash. Amazon also disappointed investors, with shares falling six percent in trading after Thursday's stock market close. Its quarterly sales reached $201 billion, but negative cash flow of $42 billion raised spending concerns. Microsoft shares slipped despite lower AI spending and revenue growth of 19 percent to $92.3 billion. Investors are weighing whether massive AI spending will deliver lasting returns without undermining established revenue sources. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Alphabet,Google,artificial intelligence,AI search summaries,tech stocks,stock market selloff,$500 billion market value loss,Google advertising revenue,quarterly earnings,AI investments,negative free cash flow,Amazon,Microsoft,AI spending,investor concerns
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