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Alphabet Falls 5.7% Below Berkshire's $10B Purchase Price After DeepMind Researcher Departure

Stocks AI Industry News

2026-06-23 03:31:17

According to Barron's, Alphabet shares fell 5.7% on June 22 to $346.90 (Class A) and 5.8% to $346.33 (Class C), dropping below Berkshire Hathaway's average cost of approximately $351 per share from its $10 billion purchase earlier this month. The decline was triggered by news that John Jumper, a senior research scientist and Nobel Prize winner at Google DeepMind, is joining AI startup Anthropic.

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