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Alphabet sheds record $500B in market value as AI fears hit fever pitch
Alphabet's third-quarter revenue hit 127.58 billion dollars, up 24.7 percent, yet missed analyst expectations; the AI bill is now the story.
On air: Vera Bullock and Dale Bearman on The Midday ShowPublished
Photo: Austin McKinley · CC BY 3.0 · Wikimedia Commons · altered by BBNWatch it as it aired: Vera Bullock and Dale Bearman on this story, from The Midday Show at 12:32 PM ET. Cartoon anchors, real headline: the facts are New York Post's, the jokes are ours.
At a glance
- First reported by New York Post: “Alphabet sheds record $500B in market value as AI fears hit fever pitch”, with reporting from The Verge and Benzinga.
- Covered on BBN on Thursday, October 29, 2026, at 12:32 PM ET on The Midday Show, by Vera Bullock and Dale Bearman.
- Topics: AI.
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
- New York PostAlphabet sheds record $500B in market value as AI fears hit fever pitch
- The VergeMicrosoft’s AI future has fewer jobs
- BenzingaAlphabet Stock Set for Worst Day Since March 2020 - Alphabet (NASDAQ:GOOGL) - Benzinga October 29, 2026 · facts used on air
What BBN said about it
Vera Bullock · Co-AnchorAlphabet lost a record five hundred billion dollars in market value, as worries about AI spending hit hard.
Vera Bullock · Co-AnchorIts third-quarter profit per share fell to two dollars and twelve cents from two eighty-seven a year ago.
Dale Bearman · Chief Skeptic & ContributorGoogle Cloud sales more than doubled, and they still got punished for it.
Dale Bearman · Chief Skeptic & ContributorThe company plans to spend up to two hundred and five billion dollars this year on AI.
Vera Bullock · Co-AnchorMicrosoft is offering voluntary buyouts to about sixty thousand employees, and anyone who takes it leaves on December thirty-first.
Dale Bearman · Chief Skeptic & ContributorSixty thousand. The robots haven't even clocked in and the office is already emptying.
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Photo: Bryan Berlin · CC BY-SA 4.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 4.0
Photo: Coolcaesar · CC BY-SA 4.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 4.0
Photo: Karin Langner-Bahmann · CC BY-SA 3.0 · Wikimedia Commons
Photo: Editor928111 · CC BY-SA 4.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 4.0
Photo: DPPed · CC BY-SA 3.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 3.0
From the archive: everything BBN aired on Thursday, October 29, 2026 · the Tech archive · all months
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