Dear Google Stock Fans, Mark Your Calendars for June 29

Alphabet (GOOG) (GOOGL), one of the foremost names in the tech industry and now a very consequential player in the AI race, will see its shares added to the Dow Jones Industrial Average ($DOWI) on June 29. The parent company of Google will replace telecommunications major Verizon (VZ).

After it seemed that it could do no wrong, Google has suddenly been hit from all sides, with GOOG stock having its worst day in a year. While latent fears around the capex story remained, what triggered the latest fall was the departure of two key AI researchers, Noam Shazeer and John Jumper. Shazeer, who was a co-lead of the Gemini AI models, departed to join fierce rival OpenAI. And Jumper, the creator of the AI system AlphaFold, joined the current market leader, Anthropic.

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The so-called brain drain has had mixed results in the cutt

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/dear-google-stock-fans-mark-153755722.html)