Why Google faces a potential $400 billion market-value hit

Alphabet (GOOG, GOOGL) reported third quarter earnings results that missed Wall Street's estimates. The 8:30 Hosts Julie Hyman, Pras Subramanian, and Jake Conley discuss what the future holds for Google. Video Transcript 00:00 Speaker A It's not just Alphabet as we'll get to you in just a little bit, but Alphabet is sort of the biggest prime culprit and if you look at how it's trading this morning off by more than 10% in pre-market trading, we could see it have its biggest market value drop ever and among the biggest market val value drops ever 00:21 Speaker A period, not just its own company. 00:23 Speaker B Yeah, when you're a when you're a $4 trillion company, 10% is 400 billion dollars of value lost.