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Google Loses $500bn in Market Value after Profit Disappoints Wall Street
Shares in the Google parent Alphabet fell double digits Wednesday evening into Thursday trading, erasing hundreds of billions of dollars in stock market value from the $4tn tech giant.The company had reported lower-than-expected profit and a slowdown in its advertising business while it maintained big spending on AI.Net profit slid 25% from a year earlier…
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Elon Musk’s Losses Trillionaire Status
Recent financial setbacks, stock market volatility, and economic challenges have significantly impacted World Trillionaire Elon Musk’s total net worth, putting the trillionaire dream further out of reach. Photo Credit: DailyMail
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