Alphabet Inc Class CGOOG
▼ NegativeCompetitionrelevance
Two top AI researchers left for competitors (OpenAI, Anthropic), wiping out $270B in market value.

Google-parent Alphabet is set to replace Verizon on the Dow Jones Industrial Average next week, signaling its transition from disruptor to industrial titan. The company's shares have been hammered in the past week after two top AI researchers left for competitors, wiping out $270 billion in market value. Gemini co-lead Noam Shazeer departed for OpenAI, while veteran Google DeepMind director John Jumper joined Anthropic. Google's stock is down more than 6% over the past five trading days, and the Dow listing is unlikely to provide a boost, as similar additions for Amazon, Apple, Microsoft, and Nvidia showed little immediate benefit.
Alphabet Inc Class CTwo top AI researchers left for competitors (OpenAI, Anthropic), wiping out $270B in market value.
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