Alphabet’s brutal day on the stock market

Google's parent company, Alphabet, faced a challenging day on the stock market as it acknowledged that its "AI mode" has impacted traditional search revenue, leading to lower-than-expected sales and profits. This admission underscores the growing pains as the company shifts its focus towards artificial intelligence, potentially at the expense of its core search business. Investors are watching closely, as this shift could reshape Alphabet's future, influencing everything from stock performance to its competitive edge in the tech industry. For more details, check out the full article on the Financial Times website.