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Google parent company's stock falls nearly 13% in worst day since company went public

Google parent company's stock falls nearly 13% in worst day since company went public

Summary

Alphabet, Google's parent company, lost nearly 13% of its stock value in one day. The report linked the decline to investor concerns about artificial intelligence and described it as the company's worst day since it went public.

Key Facts

  • Alphabet is Google's parent company.
  • Alphabet's stock fell nearly 13% in one day.
  • The report described the drop as the company's worst day since it went public.
  • The report cited investor concerns related to artificial intelligence.
  • CBS News contributor Javier David discussed the decline.
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