India, October 31, 2026: Google’s parent company Alphabet’s shares plunge 12.6%, loses almost $500 billion in market value. The Hindu reported the development.

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Alphabet shares plunged a record 12.64% on Thursday—wiping out $482 billion in market value—and fell another 0.42% in Friday pre-market trading, following quarterly earnings that fueled investor anxiety over whether massive AI investments will pay off.

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The story is filed under Technology. Rajasthani News is carrying the opening of that report and will revise this copy only when a later account confirms something new.