Google has suffered a record $500bn (£375bn) share-price wipe

Google has suffered a record $500bn (£375bn) share-price wipe-out over fears that AI is eating into the search giant’s main advertising business.

Shares in Alphabet, Google’s parent company, crashed by as much as 13pc on Thursday, wiping hundreds of billions of dollars from its… pic.twitter.com/1Y8t76VWSM

— The Telegraph (@Telegraph) October 29, 2026