AI Overview damages Google ad revenue, stock crashes 12%
The third quarter earnings reports are coming in! And Google’s was so good it knocked 12% off the stock price. Google Class A shares closed on Wednesday at $324.89. Today they closed at $283.82 — 12% down. Class C shares did much the same. The culprit was AI — how much Google is spending and […]
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Timeline · 1 report
- 2026-10-29 22:25 · Pivot to AI
AI Overview damages Google ad revenue, stock crashes 12%