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1 outlets · filed 29 October 2026

Why Google stock has plunged $500bn in a single day

This story is from the archive. It was covered between 29 October 2026 and 29 October 2026, and nothing below has been updated since. See what is happening now.

Shares in Google's parent company Alphabet have suffered their worst-ever day on the US stock market, falling more than 12% and knocking around half a trillion dollars off its value.

What the coverage shows

Both outlets lead on Alphabet’s sharp share-price drop and say the company lost around $500bn in market value, with Sky News calling it the company’s worst-ever day. The Guardian US adds the profit context, saying net profit fell 25% to $26.2bn and was below expectations, while revenue rose to $127.6bn.

Written by Crossfiled from the 1 headlines and extracts below, not from the articles themselves. It describes how the outlets framed this, not what happened. Open any headline for a summary of that article.

Sky News

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