Alphabet’s Market Cap Shrinks By $200 Billion As Shares Dip Amid Cloud And AI Concerns

Alphabet's Market Cap Shrinks By $200 Billion As Shares Dip Amid Cloud And AI Concerns

The multinational technology conglomerate and Google’s holding company, Alphabet Inc., shares have lost 5 percent this week, wiping off nearly $200 billion in market capitalization, according to stock market data. As of February 7, Alphabet’s market capitalization stands at $2.35 trillion, compared to $2.5 trillion on February 1, according to data collected from Companymarketcap. Shares … Read more