Google stock plunges 10%, wiping out $500B despite strong earnings
FuSheng_0306 · x · 2026-11-03
Google's latest earnings showed rising revenue and strong profit, yet the stock plunged 10% in a day, erasing roughly $500B in market cap. The author attributes this to "the old world collapsing before the new one is built": AI eroding the search ad machine while Google pours tens of billions into chips and data centers. He rejects AI bubble fears, arguing major transformations never wait for business models to be fully worked out — founders who wait for certainty miss the window.
Related event: Google Stock Plunges 10% Despite Strong Earnings, Wiping Out $500B in Value(3 posts)→
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