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The tech giant reported a negative free cash flow of $9.1 billion (Reuters)

Alphabet shares fell by over 12 per cent, wiping $500 billion from its market value in the biggest crash in Google 's history.

The tech giant reported a negative free cash flow of $9.1 billion, marking its first negative cash flow in 22 years due to heavy AI investment.

Total third-quarter revenue reached $127.6 billion, falling short of Wall Street targets as search advertising growth slowed.

Google Cloud revenue more than doubled to $30.71 billion, helping to partially offset the shortfall in advertising earnings.

Investors remain concerned over vast capital expenditure on AI infrastructure and whether search integration will yield sufficient profit.

In full Google stock price crashes and wipes $500 billion off company amid panic over AI

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