Alphabet Plunges 12%, Sheds Half a Trillion — SkimNews
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- Alphabet shed roughly half a trillion dollars in market value in what was the stock's worst day ever, according to the WSJ's account of the post-earnings plunge.
- Google stock plunged 12% on AI fears after earnings, while Joseph Carlson said he isn't selling and that the shares look cheap, Yahoo Finance reported.
Why it matters: The 12% post-earnings drop cut roughly half a trillion dollars from Alphabet's value on its worst day ever, yet Joseph Carlson is holding and calling the shares cheap, underscoring a split between the market's AI-driven verdict and one investor's view.
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