Alphabet's stock has risen over 10% year-to-date, making it the world's third most valuable company. Analyst Andrew Boone from Citizens expects the stock to rally further, targeting a 48.43% increase to $515 within 12 months, driven by strong earnings growth and expanding margins. Boone highlights Alphabet's undervalued future earnings potential, especially from its AI-driven Google Cloud Platform. The stock currently trades at $346.97, with other analysts averaging a more conservative 21.69% growth forecast.
Google announced a $17 billion investment in a Wyoming data center, pledging to pay for all its power usage to address environmental concerns around AI data centers. The facility will use natural gas power sources with carbon capture technology, but ...
TeraWulf reported Q3 2026 revenue of $76.23 million, beating estimates and showing 50.7% growth year-over-year, driven mainly by leasing data center space to AI clients. The company secured a credit backstop from Google for its Anthropic lease, reduc...
Apple reported a record September quarter with strong iPhone and Services revenue, beating earnings expectations and returning $28 billion to shareholders. Meanwhile, Alphabet doubled its Cloud revenue but posted a net loss due to equity losses and h...
Following the 2026 midterm elections, Democrats now control Congress and voters are opposing new data center projects due to rising energy costs. This political shift threatens hyperscaler stocks, but Alphabet stands out as the best positioned to han...
ARK Invest, led by Cathie Wood, sold $12.8 million worth of Alphabet shares shortly after the stock experienced its worst trading day since its 2004 IPO, losing nearly half a trillion dollars in market value. The selloff followed Alphabet's Q3 earnin...
