Alphabet Inc announced plans to raise $80 billion through a stock sale to fund its AI infrastructure expansion, driven by high demand for its AI products. Berkshire Hathaway will purchase $10 billion of the shares directly. This move supports Alphabet's broader $180-$190 billion capital expenditure plan for 2026 amid a tech industry-wide surge in AI spending. The funds will help scale global compute capacity as competition intensifies in the AI sector.
Bernstein Liebhard LLP reminds Alphabet Inc. investors of the December 1, 2026 deadline to join a securities fraud class action lawsuit. The lawsuit alleges Alphabet made false statements about its business and financial health between May 19 and Jul...
Anthropic initially leaked an IPO price range of $70 to $80 per share but retracted it within about 80 minutes, calling the pricing details inaccurate. The official SEC filing still shows no price range, leaving valuation and share count uncertain. T...
JPMorgan has removed Alphabet from its Analyst Focus List due to slower AI search monetization and heavy spending on AI infrastructure, though it maintains an Overweight rating on the stock. Despite strong revenue growth, including a 103% increase in...
Berkshire Hathaway shares surged over 5% this week, outperforming the S&P 500 and Nasdaq as investors moved away from tech stocks amid fears that heavy AI-related spending may not pay off. Despite a recent drop in Alphabet shares, a major Berkshire h...
