Verified source report
Alphabet’s shares drop after announcing $80bn share sale, as AI threatens to drive up youth unemployment – as it happened
Rolling coverage of the latest economic and financial news Anthropic confidentially files for initial public offering on US stock market In a landmark moment, gold has overtaken US government bonds as the world’s top reserve asset, according to calculations from the European Central Bank. The ECB says that gold made up 27% of total official foreign reserves at the end of 2025, ahead of US Treasuries (22% of reserves) and the euro (15%). Forces of fragmentation are becoming more pronounced. Geopolitical tensions continue to drive strong central bank demand for gold. In nominal terms, the gold price surged by around 60% and 30% in 2025 and 2024 respectively, which mechanically increases the share of gold in total official foreign reserves. Correcting for such valuation effects by using the gold price at the end of 2023, the share of the euro (16%) remains at par with the share of gold (16%
What happened
According to The Guardian’s source item, Alphabet’s shares drop after announcing $80bn share sale, as AI threatens to drive up youth unemployment – as it happened, Rolling coverage of the latest economic and financial news Anthropic confidentially files for initial public offering on US stock market In a landmark moment, gold has overtaken US government bonds as the world’s top reserve asset, according to calculations from the European Central Bank. The ECB says that gold made up 27% of total official foreign reserves at the end of 2025, ahead of US Treasuries (22% of reserves) and the euro (15%). Forces of fragmentation are becoming more pronounced. Geopolitical tensions continue to drive strong central bank demand for gold. In nominal terms, the gold price surged by around 60% and 30% in 2025 and 2024 respectively, which mechanically increases the share of gold in total official foreign reserves. Correcting for such valuation effects by using the gold price at the end of 2023, the share of the euro (16%) remains at par with the share of gold (16%
Context
The development sits in VINI’s Technology file for readers following technology, science, product policy, markets, infrastructure, and the public consequences of innovation. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The source item is dated 2026-06-02T15:41:21+00:00.
What to watch
Open questions include whether primary sources issue follow-up statements, whether local or market impacts become clearer, and whether additional reporting changes the timeline or adds material context.
Source
Primary source: Alphabet’s shares drop after announcing $80bn share sale, as AI threatens to drive up youth unemployment – as it happened via The Guardian. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.
This source-cited VINI report links to the original publisher record. VINI does not republish third-party article bodies without rights clearance. 1 source listed.
Source links
- Alphabet’s shares drop after announcing $80bn share sale, as AI threatens to drive up youth unemployment – as it happenedThe Guardian - 2026-06-02T15:41:21+00:00
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