The Artificial Intelligence Show · Tuesday, August 11, 2026
Alphabet's stock price experienced a decline, closing down approximately 4% on the day news of leadership changes broke, after falling over 5% earlier. This stock movement occurred alongside significant leadership shifts within Google's AI division, including Demis Hassabis stepping down as CEO of DeepMind and Jeff Dean's departure after 27 years.
“So at the time, Alphabet stock closed down about 4% the day the news broke after falling more than 5% at its lows.”
“So Paul, there is a lot going on at Google this past week. And it seems like not all this is good.”