Shares of Alphabet Inc. (NASDAQ:GOOGL – Get Free Report) traded down 4% during trading on Wednesday . Key Alphabet NewsHere are the key news stories impacting Alphabet this week:Get Alphabet alerts:Positive Sentiment: Alphabet continues to have significant long-term AI growth opportunities. Alphabet AI chip market articleAlphabet continues to have significant long-term AI growth opportunities. Reuters Alphabet AI leadership articleAlphabet announced a sweeping AI reorganization after four prominent researchers reportedly departed. Insiders Place Their BetsIn other Alphabet news, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction that occurred on Monday, June 29th.