bolt AI and tech · 2 min
Alphabet lost US$500 billion in one day as AI eats search revenue
flash_on In 20 seconds
Alphabet lost US$500 billion in market value in one day.
Intel plunged about 25–29%, its worst crash since 1974.
Search growth slowed from 17% to 12%; AI answers lower CTRs and ad prices.
Sales grew ~330x to US$5.3B, but debt tops US$35B; stock fell 60–70%.
Based on a report by Ma (note.com). US tech saw a historic shock. Alphabet lost US$500 billion in one day. Amazon fell over 6% after-hours. Intel plunged about 25–29%, its biggest crash since 1974.
The report links this to AI 'cannibalization' of search and PCs, huge AI CapEx (US$51B in one quarter; ~US$205B annual scale) and negative free cash flow of US$9B. NVIDIA fell only 3.5%. CoreWeave grew 330x but carries >US$35B debt.
help What is not known yet
- When the PC market will recover is not specified.
- Whether Google or Amazon will reduce future AI CapEx plans.
- How long the current sell-off will continue.
forum Frequently asked questions
How much market value did Alphabet lose in one day?expand_more
US$500 billion — the worst one-day decline in the company's history.
Why did Alphabet's stock plunge despite revenue growth?expand_more
Revenue grew 25% YoY and cloud doubled, but AI cut search growth from 17% to 12%, lowering CTRs and ad prices; EPS missed after $870M loss and $500M fine.
What triggered Intel's crash?expand_more
Quarterly results beat expectations, but next-quarter revenue guidance was cut to US$15–16B and EPS guidance to US$0.25, sparking panic selling.
Why did CoreWeave fall despite rapid sales?expand_more
Sales jumped from US$16M (2022) to US$5.3B (2025) (~330x), but heavy debt over US$35B led its stock to collapse about 60–70%.
newspaper Read next
link Sources (1)
- note（ノート） — [Overseas Market Report] (2026/11/01) The reality of 'AI cannibalization' as shown by the historic crashes of Google and Intel, and strategi
How we work: only facts that appear in the cited sources; quotes checked word for word; no opinion and no predictions. Written with the help of artificial intelligence and reviewed by automatic rules.