Has the halo of AI faded? Alphabet's market value evaporated by $692 billion in three months, and investors are beginning to question the future of AI.
Google, which was the star of the big tech stocks over the past year, is now facing a severe test as its AI narrative falters.
Since hitting an all-time high on May 13th of this year, Alphabet's stock price has fallen by 15% , wiping out $692 billion in