Alphabet’s brutal day on the stock market artwork
FT News Briefing

Alphabet’s brutal day on the stock market

Oct 30, 2026 · 12:15

Alphabet’s share price fell just over 12 percent on Thursday, and UK startup Nscale is banking on a troubled US data centre project to underpin its planned $35bn IPO. Plus, we look at what’s next for the ECB now that its president Christine Lagarde announced she’s stepping down.Mentioned in this podcast:Alphabet shares tumble in $500bn routInside the make-or-break AI mega-project behind Nscale’s $…