Crossfiled1 outlets · first filed 2 days ago
Google owner Alphabet loses $500bn in market value after profit disappoints Wall Street
Net profit slid 25% from a year earlier to $26.2bn, well short of expectations, though revenue rose to $127.6bn 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.
What the coverage shows
Both outlets focus on Alphabet’s sharp market-value drop after disappointing results, with The Guardian US centering the profit miss and the share-price decline, and BBC News likewise emphasizing the plunge. The Guardian adds that net profit fell 25% to $26.2bn and revenue rose to $127.6bn, while BBC alone foregrounds AI fears and says the company’s search summaries were affecting ad revenue.
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.
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