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Alphabet Inc. (Class A)

Alphabet Inc. (Class A)

$GOOGL
NASDAQTechnology

218 stories mentioning Alphabet Inc. (Class A)Updated just now

Alphabet's Google announced a $1.5 billion 2026-27 expansion of its Alabama data center campus, funding its own power and infrastructure costs.

Wire

Qualcomm, Google Collaborate With XREAL on XR Glasses Launch

Qualcomm (QCOM) and Alphabet's (GOOG, GOOGL) Google unit have collaborated with XREAL for the launch of XREAL Aura, spatial computing glasses, XREAL said Tuesday.The optical see-through glasses use the Android XR platform and Qualcomm's Snapdragon Reality Elite chip to support immersive mixed reality applications.The company said it expects an initial hardware launch this fall across the US, UK, Japan, Canada, and South Korea.Price: $219.87, Change: $-0.94, Percent Change: -0.43%

$GOOG$GOOGL$QCOM
Wire

Alphabet's Google Launches Brazos Liquid Cooling System for Data Centers

Alphabet's (GOOG, GOOGL) Google introduced its Brazos cooling system that can be added onto existing air-cooled data centers to help manage the increasing heat from powerful computer chips.The rack-mounted system uses liquid to pull heat off the computer components, then releases that heat into the part of the room where warm air is collected and removed, Google said Tuesday in a blog post on its website.Brazos keeps the liquid used inside the servers separate from the building's water supply, which helps improve efficiency and makes the system easier to install in existing facilities, Google said.Price: $370.05, Change: $+2.94, Percent Change: +0.80%

$GOOG$GOOGL
Commodities

Energy Dome, Salt River Project to Develop Battery Facility in Arizona

Italy-based Energy Dome and US non-profit utility Salt River Project have agreed to add a 19-megawatt, 10-hour battery system to Arizona grid, under a 20-year tolling scheme, according to a joint statement on Monday.The project, which is also a collaboration between SRP and Alphabet's (GOOGL) Google, will be co-located on the site of Coronado Generating Station in St. Johns, Arizona, according to the report.Energy Dome will own and operate the facility, while SRP will dispatch the output. Google, through a cost-sharing agreement with SRP, will fund a portion of the project.The companies expect the facility to come online in 2029.Energy Dome, a provider of capacity solutions for utilities and artificial intelligence infrastructure, will use its carbon dioxide battery and long-duration energy storage process to develop the project.SRP said adding energy storage is part of its broader strategy to "at least double the number of generating resources on its power system by 2035 to meet increasing energy demand in the Phoenix metropolitan area."

$GOOG$GOOGL
Wire

Alphabet's Google to Invest $1.5 Billion to Expand Data Centers in Alabama

Alphabet's (GOOG, GOOGL) Google said Monday it will invest $1.5 billion for 2026 and 2027 to expand its data center campus in Jackson County, Alabama.Google also said it will fund all its own power and infrastructure costs as part of the expansion.Price: $369.28, Change: $+11.12, Percent Change: +3.10%

$GOOG$GOOGL
Wire

Google to Invest $1.5 Billion in 2026-27 to Expand Data Center Campuses in Alabama

Google to Invest $1.5 Billion in 2026-27 to Expand Data Center Campuses in Alabama

$GOOG$GOOGL
Equities

S&P 500 Posts Weekly Gain Amid Heightened Iran Deal Expectations, Dovish Inflation Prints

The Standard & Poor's 500 index rose 0.7% this week as the US edged closer to signing a peace deal with Iran and consumer and wholesale price inflation reports that leaned dovish.The market benchmark ended the week at 7,431.46. The index is now up 14% quarter-to-date and 8.6% so far in the year.The US and Iran may sign a peace deal as soon as Sunday, setting the stage for a re-opening of the Strait of Hormuz, according to multiple media reports.While President Donald Trump fumed at Tehran for the inaccurate state media descriptions of a potential interim US-Iran agreement, Iran's foreign minister reportedly said a deal had been reached "on a majority of issues" and negotiators are in the final stage of internal deliberatioins.The core Producer Price Index grew slower than forecast in May on a month-over-month and a year-earlier basis. The core Consumer Price Index also came in cooler than expected on a monthly basis while the year-earlier print was in line.The probability of 25-basis-point increases in September, October, and December was lower on Friday than a week earlier, according to the CME FedWatch tool. The Fed is widely expected to remain on hold in June and July.The materials sector rose the most this week, up 3%, followed by a 2.6% gain in consumer staples and a 2% rise in financials.Shares of International Flavors & Fragrances (IFF) ended the week 7.2% higher at $78.27, the fifth-biggest gainer in materials. Benchmark initiated the company with a buy rating and a $100 price target. Late last month, International Flavors & Fragrances agreed to sell a majority stake in its food ingredients unit to private equity firm CVC Capital Partners in a deal worth roughly $4.3 billion.Casey's General Stores (CASY) shares surged more than 17% this week, the top performer in consumer staples, after the convenience store operator reported better-than-expected fiscal Q4 results.The two S&P 500 sectors that declined this week were communication services and energy.Meta Platforms (META) completed an operational separation from AI startup Manus and cut off data sharing amid pressure from Chinese authorities to reverse the $2 billion deal, Bloomberg reported Thursday, citing people familiar with the matter. Alphabet (GOOGL, GOOG) unit Google's YouTube and Meta (META) were denied a new trial after a jury found that the companies were liable for designing social media platforms that are addictive to young people, Reuters reported Wednesday.Shares of Meta and Alphabet were down 4.4% and 2.4%, respectively, this week, among the steepest decliners in communication services.Next week, Accenture (CAN) and Kroger (KR) are among the companies reporting their quarterly results. The US stock market will be closed on Friday for Juneteenth.Economic data due next week includes the Fed's interest-rate announcement, building permits and housing starts, and retail sales.

S&P 500$CAN$CASY$GOOG$GOOGL$IFF$KR$META
Uber Evolving Into 'Everything App' With Expanding Margins, Tigress Says
Wire

Uber Evolving Into 'Everything App' With Expanding Margins, Tigress Says

Uber Technologies (UBER) is evolving into a "diversified everything app" from predominantly a ride-hailing service, with growing margins, Tigress Financial Partners said Friday.The company has expanded its network of ride-hailing and delivery services, ventured into "platform adjacencies" that offer high margins, and pursued capital-light partnerships with autonomous and electric vehicle manufacturers, Tigress Director of Research Ivan Feinseth said in a note to clients.The brokerage noted Uber's partnerships and collaborations with major players such as Nvidia (NVDA), Alphabet's (GOOG, GOOGL) Waymo, Mobileye Global (MBLY), Rivian Automotive, (RIVN), Lucid Group (LCID) and Expedia Group (EXPE)."Uber is turning its scaled mobility and delivery networks, high-margin platform adjacencies, combined with its capital-light, (artificial intelligence-driven) AV/EV and travel partnerships, into a diversified everything app with expanding margins and long-term compounding potential," Feinseth said.Last month, Uber issued a bookings growth outlook that surpassed Wall Street's estimates, while its first-quarter profit grew year over year."Uber's pivot from subsidized growth to disciplined, self-funded expansion has driven (earnings before interest, taxes, depreciation, amortization, and restructuring) and free cash flow growth ahead of revenue, inflecting (return on capital) from negative levels in 2021 to meaningfully above its cost of capital, and positioning it for compound economic profit through continued reinvestment, share repurchases, and selective (mergers and acquisitions)," Feinseth said Friday.Tigress raised its price target on the Uber stock to $115 from $110 while reiterating its buy rating."We believe further upside in the shares exists, and our 12-month target price of $115 represents a potential return of close to 65% from current levels," Feinseth wrote.The company's shares were down 2% in Friday afternoon trade. So far this year, the stock has lost nearly 17% in value.Price: $68.15, Change: $-1.40, Percent Change: -2.01%

$EXPE$GOOG$GOOGL$LCID$MBLY$NVDA$RIVN$UBER
Wire

Market Chatter: Google Sues Group Using AI for Spam Messages

Alphabet's (GOOGL, GOOG) Google has filed a lawsuit against a suspected Chinese cybercrime group for allegedly using artificial intelligence to send over 2 million text messages that appear to be from the company and other trusted online brands, Bloomberg reported Friday.The messages contained urgent warnings about supposedly compromised accounts or alerts regarding package tracking, and contained links to websites that asked for confidential information, according to the report.Google's complaint claimed that scammers encouraged one another to use the Gemini chatbot to write custom code necessary to create their malicious websites, Bloomberg said.Google did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $357.87, Change: $+0.10, Percent Change: +0.03%

$GOOG$GOOGL
Sectors

Sector Update: Tech Stocks Gain Late Afternoon

Tech stocks were higher late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 3.1% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 6%.The Philadelphia Semiconductor index jumped 6.9%.In corporate news, Applied Materials (AMAT) shares jumped past 10% after the company said it has expanded its manufacturing and R&D operations in Singapore with a $500 million facility in Tampines to support AI-driven semiconductor demand.Amazon-backed (AMZN) Anthropic signed over a dozen initial agreements to lease data center facilities from US developers, and the AI company has privately discussed a plan to have Alphabet's (GOOGL) Google provide a financial guarantee for its lease payments, The Information reported. Amazon shares rose 1%, and Alphabet was fractionally lower.Oracle (ORCL) shares fell 9.2% after the company said it plans to raise about $40 billion via debt and equity issuances in fiscal 2027, including its previously announced $20 billion stock sale.IBM (IBM) and ServiceNow (NOW) said Thursday they have expanded their collaboration to help enterprises modernize legacy data and accelerate the use of AI. IBM shares added 0.9%, and ServiceNow was down 2.4%.

$AMAT$AMZN$GOOGL$IBM$NOW$ORCL
Sectors

Sector Update: Tech

Tech stocks were higher late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.8% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 5.2%.The Philadelphia Semiconductor index popped 6%.In corporate news, Amazon-backed (AMZN) Anthropic signed over a dozen initial agreements to lease data center facilities from US developers, and the AI company has privately discussed a plan to have Alphabet's (GOOGL) Google provide a financial guarantee for its lease payments, The Information reported.Amazon shares rose 0.8%, and Alphabet was down 0.6%.

$AMZN$GOOGL
Wire

Update: Market Chatter: Anthropic Pursues Plan to Lease Data Centers, Seeks Google's Backing

(Updates with Google declines to comment in the last paragraph.)Amazon-backed (AMZN) Anthropic signed over a dozen initial agreements to lease data center facilities from US developers, and the AI company has privately discussed a plan to have Alphabet's (GOOG, GOOGL) Google provide a financial guarantee for its lease payments, The Information reported Thursday, citing several people with direct knowledge of the plans.Anthropic currently rents chip servers from cloud providers, and its plan to become a direct tenant on data center projects reflects a new direction for the company, the report said.Google declined to comment, while Anthropic didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $350.15, Change: $-3.17, Percent Change: -0.90%

$AMZN$GOOG$GOOGL
Wire

Market Chatter: Anthropic Pursues Plan to Lease Data Centers, Seeks Google's Backing

Amazon-backed (AMZN) Anthropic has signed over a dozen initial agreements to lease data center facilities from US developers, and the AI company has privately discussed a plan to have Alphabet's (GOOG, GOOGL) Google provide a financial guarantee for its lease payments, The Information reported Thursday, citing several people with direct knowledge of the plans.Anthropic currently rents chip servers from cloud providers, but its plan to become a direct tenant on data center projects reflects a new direction for the company, the report said.Anthropic and Google didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $346.03, Change: $-7.29, Percent Change: -2.06%

$AMZN$GOOG$GOOGL
Wire

Anthropic Pursues Plan to Lease Data Centers, Seeks Google's Backing, The Information Reports

Anthropic Pursues Plan to Lease Data Centers, Seeks Google's Backing, The Information Reports

$AMZN$GOOG$GOOGL
Wire

Alphabet's Waymo Launches $30 Invite-Only Monthly Membership Program

Alphabet's (GOOG, GOOGL) robotaxi unit Waymo is launching an invite-only membership program that promises priority bookings and other perks for $30 per month, the company said Thursday.The program, called Waymo Premier, will initially be offered to select customers in San Francisco, Los Angeles, and Phoenix, the company said.The member benefits include 10% cash back for every trip in the form of credits, five free trip cancellations every month, and early access to the service in new cities, Waymo said.Price: $346.13, Change: $-7.19, Percent Change: -2.03%

$GOOG$GOOGL
Wire

Market Chatter: Crusoe Dropped From Wyoming AI Project After Google Raises Issues

Alphabet's (GOOG, GOOGL) Google raised concerns over the costs and timetable of construction of an AI campus project in Wyoming under Crusoe's management, leading to Crusoe being pushed away from the project, Bloomberg reported Thursday, citing people familiar with the matter.On Tuesday, Crusoe said it had "paused" a plan to build the AI campus, but in reality, Black Hills (BKH) said Wednesday it was moving forward without Crusoe as its development partner, the report said. Google is working to finalize a deal with the remaining partners to purchase computing from the site, two of the people reportedly told Bloomberg.The companies didn't immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $346.85, Change: $-6.47, Percent Change: -1.83%

$BKH$GOOG$GOOGL
Wire

Crusoe Dropped From Wyoming AI Project After Google Raises Issues, Bloomberg Reports

Crusoe Dropped From Wyoming AI Project After Google Raises Issues, Bloomberg Reports

$GOOG$GOOGL
Wire

Market Chatter: Google May Pick Samsung for Key Role in Making Future AI Chip

Alphabet's (GOOG, GOOGL) Google is in talks with Samsung to make part of a next-generation tensor processing unit, The Information reported Thursday, citing two people with direct knowledge of the project.The specialized AI chip, which Google uses in its cloud data centers and is code-named Icefish, is currently expected to be Google's 10th-generation TPU, the report said, citing the people.Google and Samsung didn't immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $347.65, Change: $-5.67, Percent Change: -1.60%

$GOOG$GOOGL
Sectors

Sector Update: Tech Stocks Fall Late Afternoon

Tech stocks were lower late Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 2.4% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping 3.4%.The Philadelphia Semiconductor index slumped 3.6%.In sector news, institutional demand for SpaceX shares is more than four times the amount available ahead of its initial public offering, Bloomberg reported.In corporate news, Microsoft-backed (MSFT) OpenAI is expected to go public within the next year, although the timing could shift depending on market and company conditions, The Information reported, citing Chief Executive Sam Altman's Slack message to staff. Microsoft shares were down 1.3%.Super Micro Computer (SMCI) shares tumbled past 25% after the company said late Tuesday it is planning $7 billion worth of equity and equity-linked financing transactions as part of efforts to fund AI orders related to its advanced servers.Alphabet (GOOGL, GOOG) unit Google's YouTube and Meta (META) were denied a new trial after a jury found that the companies were liable for designing social media platforms that are addictive to young people, Reuters reported Wednesday. Alphabet shares were down 2.2%, and Meta shed 2.2%.ASML (ASML) will cut fewer jobs than the roughly 1,700 positions it initially planned to eliminate following negotiations with Dutch labor unions, Bloomberg reported. ASML shares declined 2%.

$ASML$GOOG$GOOGL$META$MSFT$SMCI
Wire

Update: Market Chatter: Google, Meta Platforms Denied New Trial in Youth Social Media Addiction Case by California Judge

(Updates with Meta's response in the fifth paragraph.)Alphabet (GOOG, GOOGL) unit Google's YouTube and Meta Platforms (META) were denied a new trial after a jury found that the companies were liable for designing social media platforms that are addictive to young people, Reuters reported Wednesday.A California state court judge rejected the companies' argument that they were protected under Section 230 of the Communications Decency Act, a federal law that protects online platforms from liability over content generated by users, according to the report.Judge Carolyn Kuhl stated that the law does not address the companies' platform design choices and the jury was repeatedly instructed not to consider content, the report said.Google plans to appeal the decision, a company spokesperson toldin an emailed response.Meanwhile, a Meta spokesperson said the company expects the ruling to be overturned on appeal. "The plaintiffs' legal theory attempts to improperly circumvent Section 230 and the First Amendment," the spokesperson toldin an emailed response. "We stand firmly by our record and will continue to pursue all available appellate options."(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $354.89, Change: $-7.40, Percent Change: -2.04%

$GOOG$GOOGL$META
Wire

Update: Market Chatter: Google, Meta Platforms Denied New Trial in Youth Social Media Addiction Case by California Judge

(Updates with Google's response in the fourth paragraph.)Alphabet (GOOG, GOOGL) unit Google's YouTube and Meta Platforms (META) were denied a new trial after a jury found that the companies were liable for designing social media platforms that are addictive to young people, Reuters reported Wednesday.A California state court judge rejected the companies' argument that they were protected under Section 230 of the Communications Decency Act, a federal law that protects online platforms from liability over content generated by users, according to the report.Judge Carolyn Kuhl stated that the law does not address the companies' platform design choices and the jury was repeatedly instructed not to consider content, the report said.Google plans to appeal the decision, a company spokesperson toldin an emailed response.Meta Platforms did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $354.17, Change: $-8.12, Percent Change: -2.24%

$GOOG$GOOGL$META

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