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NBC News. (2026, October 30). Google stock's historically bad day raises fears of AI bubble popping. NBC News. https://www.nbcnews.com/video/google-stock-s-historically-bad-day-raises-fears-of-ai-bubble-popping-272514629806
NBC News. “Google stock's historically bad day raises fears of AI bubble popping.” NBC News, 30 Oct. 2026, https://www.nbcnews.com/video/google-stock-s-historically-bad-day-raises-fears-of-ai-bubble-popping-272514629806.
NBC News. “Google stock's historically bad day raises fears of AI bubble popping.” NBC News, October 30, 2026. https://www.nbcnews.com/video/google-stock-s-historically-bad-day-raises-fears-of-ai-bubble-popping-272514629806.
Dated from the outlet's own feed. Check the original for its byline.
On Thursday, October 26, 2026, Google's parent company Alphabet saw its stock price plunge by up to 15.8%, marking one of its worst single-day drops since it began trading over two decades ago and erasing more than $550 billion in market value. This steep decline was triggered by the company missing profit projections and increasing AI spending past $50 billion for the third quarter, causing widespread concerns about whether such massive investments will yield consistent returns. The sharp drop also impacted broader markets, dragging down the tech-heavy Nasdaq index and prompting fears of a potential downturn in artificial intelligence-driven stocks.