Alphabet heads for worst post-earnings drop in 22 years as AI search earns less ad money
Alphabet shares are heading for their worst post-earnings drop in 22 years after Google's AI search results drew users but generated less advertising revenue. The crash marks the company's sharpest single-day decline since 2004. Traders care because Google's AI monetization problem is a warning sign for the broader tech sector, and weakness in mega-cap tech often spills over into crypto risk appetite.