Alphabet NASDAQ: GOOGL has had a strong 2026 by almost any measure. The stock entered June up over 20% year-to-date.
Forget search engines, AI assistants, and smartphones—Google's next release could be a swarm of millions of mosquitoes.
Alphabet Inc (NASDAQ:GOOGL) is down 2.7% at $362.54 in premarket trading, after reports surfaced that the Google parent plans to raise $80 billion through stock sales to help fund its artificial intelligence infrastructure buildout.
Alphabet: The Bull Case Holds Despite The Near-Term Headwind
Alphabet (GOOG) announced an $80 billion equity raise, its first large-scale offering since 2010, signaling aggressive investment in AI infrastructure. GOOG's move reflects management's confidence in capturing outsized returns amid insatiable AI demand and robust growth across Cloud, Search, and YouTube. At $370 per share, GOOG trades at 26x forward earnings with expectations for 30%+ EPS growth and a PEG ratio between 1.0x-1.3x.
Alphabet (GOOG) plans to raise $80B for AI investments, including a $10B private placement with Berkshire Hathaway. GOOG's capital raise includes $30B in public offerings and a $40B ATM sale to expand foundational AI infrastructure.
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Google parent Alphabet announced Monday it plans to raise up to $80 billion in stock to fund a major expansion of its artificial intelligence (AI) infrastructure, with Warren Buffett's Berkshire Hathaway committing $10 billion as part of the deal.
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Alphabet Inc (NASDAQ:GOOG), the parent company of Google, announced after hours on Monday it plans to raise $80 billion through a stock sale to fund its artificial intelligence infrastructure buildout. The proceeds will be directed towards capital expenditure to scale AI infrastructure and global compute capacity, with Alphabet citing demand for its AI products from enterprises and consumers that is currently exceeding available supply.
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Google parent company Alphabet said Monday that it plans to raise $80 billion to help pay for the massive AI infrastructure buildout it has planned. Alphabet will sell off that amount in stock, and will then use the funds to pay for “general corporate purposes, including capital expenditures to scale AI infrastructure and global compute,” the company said in a statement.