AIGizmodoabout 1 hour ago
Google Stock Plunges 13% on AI Revenue Miss
2 min read
Google revealed its AI Mode cut into traditional search and advertising business, causing the company to miss revenue projections. The stock tumbled 13% on Thursday, losing over $500 billion in market value. Capital expenditure jumped to $51.3 billion in Q3 2026, with future commitments exceeding $1 trillion.
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