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المشهد العربي
Alphabet's market value drops by $692 billion
Alphabet, the parent company of Google, has experienced a decline in its market value of nearly $692 billion since its stock hit an all-time high last May, due to the departure of top minds and talent in the artificial intelligence sector. The company's stock decreased by 0.55% to $337.22 in pre-market trading on Wall Street, down from $404.47 in May, resulting in a market capitalization drop to $4.11 trillion. The losses continued with the departure of key figures, most notably Jeff Dean, who contributed to the AI strategy, as he left his team to establish a startup, along with other talented staff moving to rival companies.
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