Alphabet shares drop 12% amid AI concerns and earnings miss

🗞️ Story file #1110

Alphabet shares drop 12% amid AI concerns and earnings miss

Oct 28, 10 PM ET to Oct 31, 7 AM ET

23outlets carried it
🫏11 · 6 · 6🐘left · center · right
2.4 dayson the front pages
20front pages at once, at its peak
16 minof TV captions
7radio newscasts
14people retold it online
1 of 2parts of a saga

👣 How this story traveled: from the front pages that broke it, out through TV, radio and the shows, into what people retold and what fact-checkers examined, and on into the saga it is part of. Everything here is matched to the story by our tools, so a link can be wrong; the trackers' pages say how each is made.

Oct 28, 10 PM ETfirst on a front page: HuffPost
Oct 28, 10 PM ETfirst on TV: BBC News
Oct 29, 1 PM ETfirst on the radio: NPR News Now
Oct 30, 4 AM ETpeak: on 20 front pages
Oct 31, 5 AM ETretold online by 14 people

the front pages that ran it, hour by hour

Front pages carrying it at each hourly run, Oct 28, 10 PM to Oct 31, 7 AM ET (peak 21), by the outlets' lean: left · center · right

Who carried it and when: each outlet in the order it picked the story up, a bar for each headline from when we first saw it on the front page to when we last did, in the outlet's lean color (dashed: not rated); a dot marks a new headline, and a headline swapped for a new one between our hourly looks runs on to it. A gap means a look found the story gone from that front page. Beneath, its captions on TV, the radio newscasts that carried it (bigger: the lead) and when people were found retelling it. Hover for details.

🗣️ Only one side says

🫏 left
worst day ever

🐘 right
nothing of its own

phrases three or more outlets on one side used and none on the other

📌 Linked by aggregators

1 Google News

aggregators linking to it from their front page (they don't count as outlets covering it)

✏️ 12 outlets ran more than one headline on it (reworded, or a follow-up)

AP (4 wordings): “Google misses Wall Street expectations, Alphabet stock sinks in early after-hours trading” → “A historic drop for Alphabet’s stock drags the US market lower”
BBC (2 wordings): “Google value plunges by $500bn as AI search hits ad sales” → “Google value plunges by $500bn as its own AI search hits ad sales”
Bloomberg (5 wordings): “Nasdaq 100 Falls 1.5% as AI Trade Shows New Cracks: Markets Wrap” → “Nasdaq Futures Fall as Tech Struggles, Bonds Gain: Markets Wrap”
CNBC (4 wordings): “Nasdaq-100 futures fall 1% as Alphabet shares sell off after earnings” → “Alphabet tanks nearly 13% for worst day ever, losing $500 billion in value”
Financial Times (2 wordings): “Alphabet shares tumble in $500bn rout” → “Alphabet shares tumble in $460bn rout”
Fortune (2 wordings): “Alphabet’s stock has worst day in over 20 years, dragging the S&P 500 to first loss in four days” → “Alphabet just had its worst day as a public company. BofA now values Google search at a lower multiple than fossil fuel stocks”
MarketWatch (2 wordings): “Why Alphabet’s stock could see its worst day ever after the latest results” → “Why Alphabet’s stock is on track for its worst day ever after the latest results”
NBC News (3 wordings): “AI fears hammer Google parent’s stock, erasing $500 billion in value” → “Alphabet shares record their worst day ever, shedding $500B in value”
New York Post (2 wordings): “Google parent Alphabet tumbles after profit disappoints, warns AI is battering its cash flow” → “Alphabet sheds record $500B in market value as AI fears hit fever pitch”
Newsmax (2 wordings): “Alphabet Falls 13%, Dragging US Market Lower” → “Stocks Slide as Alphabet Miss Revives AI Capex Jitters”
Reuters (7 wordings): “Alphabet shares fall after revenue miss, cash burn worsens” → “Wall Street ends lower as Alphabet revenue miss revives AI capex jitters - Reuters”
Semafor (2 wordings): “Google stock falls after earnings miss” → “Alphabet loses $500 billion in market value”

Every outlet's first headline (23), left to right by AllSides rating

HuffPost Google Stock Tumbles After Revenue Miss Oct 28, 10 PM ET
The Guardian Google owner Alphabet loses $500bn in market value after profit disappoints Wall Street Oct 29, 3 PM ET
AP Google misses Wall Street expectations, Alphabet stock sinks in early after-hours trading Oct 28, 9 PM ET
Business Insider Google faces a $500 billion stock wipeout — one of the biggest-ever market cap drops Oct 29, 11 AM ET
CNBC Nasdaq-100 futures fall 1% as Alphabet shares sell off after earnings Oct 29, 8 AM ET
CNN Shares of Google’s parent company just had their worst day ever. Here’s what it means Oct 30, 1 AM ET
NBC News AI fears hammer Google parent’s stock, erasing $500 billion in value Oct 29, 2 PM ET
Semafor Google stock falls after earnings miss Oct 28, 7 PM ET
The Economist Google’s $500bn bloodbath reflects the danger it faces from AI Oct 29, 8 PM ET
The Independent Google stock price crashes and wipes $500 billion off company amid panic over AI Oct 29, 6 PM ET
Yahoo News Google is on track for its worst day ever — the biggest drop in value in its history Oct 29, 12 PM ET
BBC Google value plunges by $500bn as AI search hits ad sales Oct 30, 6 AM ET
Bloomberg Nasdaq 100 Falls 1.5% as AI Trade Shows New Cracks: Markets Wrap Oct 29, 10 AM ET
Financial Times Alphabet shares tumble in $500bn rout Oct 29, 10 AM ET
Fortune Alphabet’s stock has worst day in over 20 years, dragging the S&P 500 to first loss in four days Oct 29, 6 PM ET
MarketWatch Why Alphabet’s stock could see its worst day ever after the latest results Oct 29, 10 AM ET
Reuters Alphabet shares fall after revenue miss, cash burn worsens Oct 28, 6 PM ET
Just the News Shares in Google parent company Alphabet plunge by $500 billion in value amid AI fears Oct 29, 10 PM ET
The Washington Times Alphabet stock plummets as AI spending turns cash flow negative Oct 29, 12 PM ET
Breitbart Google Stock Craters 12% on Disappointing Earnings, Wiping Out $500 Billion in Shareholder Value Oct 30, 1 AM ET
New York Post Google parent Alphabet tumbles after profit disappoints, warns AI is battering its cash flow Oct 28, 7 PM ET
Newsmax Alphabet Falls 13%, Dragging US Market Lower Oct 29, 11 AM ET
The National Desk Google's parent company suffers largest stock market wipeout ever Oct 30, 4 PM ET

TV, radio, and the shows that talked about it

left
leans left
center
right

minutes its captions were on screen, by channel; the disc is the network's lean

hourly newscasts that carried it, by show; beside the count, how often it was the lead story, or the highest it came in the running order

🫏 NPR News Now 7× · 🥇 led 1

podcasts, newsletters and streams that talked about it, by show; the bar is episodes; the disc is the show's lean by reputation

🕵️ investigative reporting on it and 🃏 satire joking about it (jokes, never counted as coverage); the bar is pieces

🕵️🤷 No investigator or satirist matched to it yet.

what people online made of it

🧶 Retold online

Alphabet's stock suffered its worst single-day drop on record due to investor concerns over AI investments and slowing search revenue. Oct 31: told by 8 people
Christian Watson returned to the game after a hospital visit for a chest injury. Oct 31: told by 6 people

On Folklore: the latest in full, with their motifs and who is telling them.

🗣️ Names in it

AlphabetGoogleWall Street

what the fact-checkers looked into

🧐 No fact-checker has taken it on yet.

the running story it belongs to

🧵 Tech stocks decline after revenue miss

Alphabet shares drop 12% amid AI concerns and earnings miss (this story)
Oct 28, 10 PM ET
Tech stocks decline as AI spending concerns grow
Oct 30, 6 AM ET