Alphabet Inc. (GOOGL) is increasing its capital expenditure on AI infrastructure, a move that is temporarily compressing free cash flow but positions the company for long-term leadership in AI compute. The equity-funded $85 billion capital raise reflects Alphabet's preference to avoid higher future debt costs...
Alphabet Inc. (NASDAQ:GOOGL) stock is projected to reach $604.63 by June 2, 2028, according to a proprietary model from Our 24/7 Wall St., which currently rates the shares with a buy recommendation at 90% confidence. The company has gained 116.29% over the past year and...
Alphabet Inc. (GOOGL) shares fell 3.86% on Wednesday after the UK Competition and Markets Authority (CMA) announced new conduct requirements for Google's search operations in Britain. The CMA has granted Google "strategic market status" due to its dominance, holding over 90% of search traffic in...
Alphabet (GOOGL) agreed to sell $10 billion in stock to Berkshire Hathaway in a private placement on Monday. The company stated it would use the proceeds from this sale, along with an additional $70 billion from other equity offerings, to scale its AI infrastructure and...
Billionaire investor Bill Ackman, through Pershing Square Capital Management, has clarified that the complete liquidation of its long-standing position in Google parent Alphabet Inc. (NASDAQ:GOOGL) was driven by portfolio rebalancing rather than negative sentiment toward the company. Ackman stated on social media platform X that...
