this post was submitted on 29 Oct 2026
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Alphabet shares record their worst day ever, shedding $500 billion in value (www.nbcnews.com)
submitted 2 days ago by return2ozma@lemmy.world to c/technology@lemmy.world
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[–] MimicJar@lemmy.world 24 points 2 days ago

Not to mention as much as this stock fall is "a big deal" it's just fallen to where it was back in March. And of course that March fall was also a singular moment, because before that were just back to October 2025.

So sure, they've lost a year of stock growth, and in a world of "line must go up" falling back a year of stock growth isn't nothing... But it's also far from the end of the world.

Which is all to say, Google's fine in the long run. Day traders don't look at the long run, so for the moment "panic", but ultimately it'll pass.