World

Google loses $482 billion in market value, the biggest drop in its history by far

Alphabet ( GOOGL ) had its worst day ever on Thursday. The stock fell nearly 13% after its third quarter results , steeper than any session since it went public in 2004, including its drops of more than 10% in March 2020 and September 2008. Alphabet lost $482 billion in stock market value, the second-biggest one-day loss ever for a US-listed company, by Yahoo Finance calculations. Only Nvidia ( NVDA ) has lost more, about $593 billion on Jan. 27, 2025, the day China's DeepSeek rattled AI investo