AI-related companies’ stocks plummeted, with a total market capitalization of $190 billion, according to Reuters.
Alphabet’s Ad Revenue Woes Lead to Google’s Stumble Alphabet, the parent company of Google, experienced a significant setback as its shares tumbled by 5.6%. The culprit was Google’s December ad revenue, which fell short of investor expectations. Although quarterly figures reflected a substantial ad revenue of $9.2 billion, marking a commendable 15% year-over-year increase, it...