Here's Why Alphabet Inc. (GOOG) Fell More Than Broader Market
In the closing of the recent trading day, Alphabet Inc. (GOOG) stood at $348.71, denoting a -5.1% move from the preceding trading day.
GOOG - Alphabet Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$400.72
DETAILS
HIGH:
$450.00
LOW:
$345.00
MEDIAN:
$400.00
CONSENSUS:
$400.72
UPSIDE:
14.89%
Stock News
Alphabet (GOOGL) Falls More Steeply Than Broader Market: What Investors Need to Know
The latest trading day saw Alphabet (GOOGL) settling at $349.56, representing a -5.02% change from its previous close.
Stock Market Today, June 22: Alphabet Falls as AlphaFold Co-Creator's Exit Raises AI Talent Concerns
Expand NASDAQ: GOOGL Alphabet Today's Change (-4.98%) $-18.33 Current Price $349.70 Key Data Points Market Cap $4.5T Day's Range $341.73 - $358.77 52wk Range $162.00 - $408.61 Volume 1.9M Avg Vol 30M Gross Margin 60.43% Dividend Yield 0.23% Alphabet (GOOGL 4.98%), a global search, ads, cloud, and AI platform, closed at $348.78, down 5.08%. Shares fell after reports that another AI leader left for a rival and amid legal and regulatory headlines.
Stock Market Today, June 22: Alphabet Slips on Key Departure and Defensive Blue Chips Gain
The Dow Jones Industrial Average (^DJI +0.29%) rose 0.29% to 51,712.71 as investors favored defensive blue chip names, while the S&P 500 (^GSPC 0.37%) slipped 0.37% to 7,472.79 and the Nasdaq Composite (^IXIC 1.32%) fell 1.32% to 26,166.60 following a retreat in mega-cap technology stocks.
New Congressman Is Selling Stocks: Here's The Six Magnificent Seven Names He Ditched
A newer member of Congress may be the next to be closely monitored for their trading activity after recently selling off multiple Magnificent Seven stocks.
Google loses $270B in market cap over concerns its ‘falling behind' rivals in race for AI talent
Google lost senior research scientist and Nobel Prize winner John Jumper, who announced late Friday he was exiting DeepMind AI lab for a role at Anthropic. That news came just days after another key executive Noam Shazeer, who served as co-lead of Google's flagship Gemini AI models, ditched the company for a role at OpenAI.
Alphabet Is Now Cheaper Than What Berkshire Paid
Alphabet's big stock drop was spurred by a Google DeepMind scientist who is leaving for Anthropic. His departure is a blow to Alphabet's AI initiatives.
Cheap Chinese AI models are quickly gaining customers across the US market: ‘This changes things'
The Trump administration has been increasingly wary about China's breakneck pace in AI development – with officials warning as recently as recently as April that China was engaged in “industrial-scale” efforts to rip off AI technology.
Google DeepMind bets $75M on AI's future in Hollywood with A24 deal
A new alliance has formed between a Hollywood studio and a tech juggernaut.
Alphabet shares slide as AI talent exodus rattles investors
Alphabet Inc (NASDAQ:GOOG) shares fell 5.5% on Monday after the company lost two of its most prominent artificial intelligence researchers to rivals, raising concerns about a brain drain at the heart of its AI ambitions. Noam Shazeer, Google DeepMind's vice president of engineering and co-lead of the Gemini AI models, has left to join OpenAI.
The Billionaire Who Called the 2008 Bubble Just Dumped Google to Buy These 5 AI Hardware Stocks
Stanley Druckenmiller sold his entire Alphabet (NASDAQ:GOOG | GOOG Price Prediction) stake in the first quarter of 2026 and rotated the proceeds into SanDisk (NASDAQ:SNDK), Seagate Technology (NASDAQ:STX), Micron Technology (NASDAQ:MU), Broadcom (NASDAQ:AVGO), and Arm Holdings (NASDAQ:ARM).
Mag 7 Stocks Are Down. Long-Term Investors Should Buy the Dip.
The Roundhill Magnificent Seven ETF is down about 9% from its record high in mid May.
Google DeepMind signs AI research deal with film studio A24
Google DeepMind and independent movie studio A24 entered into a partnership to explore how AI can support filmmakers and creative professionals, the companies said on Monday.
Google and Amazon Just Launched a Full-Frontal Assault Against Nvidia
Nvidia has largely had the data center GPU market to itself, but the competition is ramping up. Alphabet and Amazon have each taken recent steps to steal market share from the leader.
Alphabet and SpaceX Drag the Nasdaq Lower; Dow Stands Alone
The Nasdaq Composite fell 1.2% while the Dow Jones Industrial Average quietly gained 0.4%. SpaceX dropped 10.3%, its worst day since the June 12 IPO.
Alphabet sees $269 billion market-cap wipeout as investors fear it's losing the war for AI talent
Two AI leaders, including a Nobel laureate, recently said they would leave Google for rival labs.
Wall Street analyst updates Google share price target
As Alphabet (NASDAQ:GOOGL) navigates an intensifying battle for Artificial Intelligence (AI) talent, Citizens analyst Andrew Boone has issued his 12-month rating for the Google share price.
Alphabet paces for worst day in a year on AI concerns after high-profile exits
Alphabet shares slid 7%, on track for the search giant's worst day in a year. Alphabet company Google has seen consecutive high-profile researchers leave in the last several days.
AI concerns hit Alphabet after top talent departs
CNBC's MacKenzie Sigalos reports on news regarding Alphabet's share price.
Why Alphabet Stock Just Crashed
Two key Google employees have left the company's AI division in the past week, to work for competitors. Google's loss is now OpenAI's and Anthopic's gain.
Price Targets
Wells Fargo Reiterates Overweight Rating on Alphabet (GOOGL)
$435.00
(was $372.58)
Ken Gawrelski
·
Wells Fargo
Alphabet (GOOGL) PT Raised to $430 at Truist Securities
$430.00
(was $371.20)
Youssef Squali
·
Truist Financial
Alphabet (GOOGL) Reiterated at Market Outperform by Citizens
$515.00
(was $376.43)
Wells Fargo
Goldman Sachs Reiterates Buy Rating on Alphabet (GOOGL)
$450.00
(was $384.90)
Eric Sheridan
·
Goldman Sachs
Alphabet (GOOGL) Reiterated at Buy by Stifel After IO Conference
$420.00
(was $384.90)
Mark Kelley
·
Stifel Nicolaus
Alphabet price target raised to $445 from $425 at Oppenheimer
$445.00
(was $397.17)
Jason Helfstein
·
Oppenheimer
Alphabet price target raised to $450 from $400 at Scotiabank
$450.00
(was $371.77)
Scotiabank
Alphabet price target raised to $425 from $400 at Raymond James
$425.00
(was $367.13)
Raymond James
Alphabet price target raised to $425 from $360 at Oppenheimer
$425.00
(was $367.03)
Jason Helfstein
·
Oppenheimer
Truist Securities stays Buy on Alphabet (GOOGL) as co creates a 'locked-in' AI ecosystem
$385.00
(was $337.73)
Youssef Squali
·
Truist Financial
Needham Reiterates Buy Rating on Alphabet (GOOGL): Google should NOT cut CapX
$400.00
(was $303.21)
Laura Martin
·
Needham
Alphabet price target raised to $348 from $345 at UBS
$348.00
(was $310.77)
Stephen Ju
·
UBS
Alphabet price target raised to $400 from $375 at Scotiabank
$400.00
(was $323.46)
Scotiabank
'Alphabet (GOOGL) Remains a Clear Leader Across the AI stack'; PT Raised to $400 at BMO Capital
$400.00
(was $323.75)
Brian Pitz
·
BMO Capital
Alphabet (GOOGL) PT Raised to $395 at Piper Sandler
$395.00
(was $319.39)
Thomas Champion
·
Piper Sandler
Alphabet (GOOGL) PT Raised to $370 at KeyBanc
$370.00
(was $323.02)
Justin Patterson
·
KeyBanc
Alphabet (GOOGL) PT Raised to $370 at Wedbush
$370.00
(was $323.19)
Scott Devitt
·
Wedbush
Alphabet (GOOGL) PT Raised to $345 at Bernstein SocGen Group
$345.00
(was $324.04)
Mark Shmulik
·
Bernstein
Alphabet price target raised to $360 from $345 at Oppenheimer
$360.00
(was $333.34)
Jason Helfstein
·
Oppenheimer
Alphabet price target raised to $420 from $400 at Pivotal Research
$420.00
(was $333.34)
Jeffrey Wlodarczak
·
Pivotal Research