# Google Parent’s Stock Tank Erases Nearly $500 Billion In Second-Biggest Daily Market Cap Loss Ever

- Source: Forbes - Business
- Published: 2026-10-29T17:45:00+00:00
- Category: Business
- Original: https://www.forbes.com/sites/fionariley/2026/10/29/google-parents-stock-tank-erases-nearly-500-billion-in-second-biggest-daily-market-cap-loss-ever/
- Canonical: https://groundlevelnews.com/story/google-parent-s-stock-tank-erases-nearly-500-billion-in-second-biggest-5c8f8d/

Alphabet lost $480 billion from its market capitalization on Thursday as shares plummeted 12% on disappointing third-quarter earnings.

_Ground Level News shows a short summary only; the full article and all rights belong to Forbes - Business._