FeesSafety
Pluang+

Alphabet secures long-term nuclear power deals to fuel AI growth, boosting cloud profits despite stock dip.

10 Nov 2026, 17:45 WIB
24/7 Wall Street
View Source
Bullish
Alphabet secures long-term nuclear power deals to fuel AI growth, boosting cloud profits despite stock dip.

Alphabet has secured long-term nuclear power agreements to support its growing AI infrastructure, addressing regulatory hurdles that limit power access for data centers. This strategic move gives Alphabet a competitive edge as AI demand surges, reflected in its cloud revenue doubling to $30.7 billion and operating income tripling in the latest quarter. Despite a recent 18% stock decline and high capital spending, Alphabet's strong balance sheet and expanding cloud business underpin its growth outlook. The company's power supply contracts position it well to lead in AI development over the next decade.

Alphabet's strategic move to secure nuclear power agreements highlights its long-term planning in AI infrastructure. On Pluang, GOOGL trades at USD 288.42 with a slight 0.09% increase as of Nov 10, 2026 23:01 WIB. The stock shows a market cap of $3.53 trillion and a dividend yield of 0.31%, with typical investors holding the stock for about 88 days.

More News (GOOGL)

Google launches new AI chips to boost cloud computing and reduce reliance on Nvidia.

Google launches new AI chips to boost cloud computing and reduce reliance on Nvidia.

Google introduced two new variants of its in-house AI chips, TPU 8tx and TPU 8i Max, enhancing its cloud computing capabilities. TPU 8tx, developed with AMD, focuses on secure AI model training by embedding security in hardware, allowing confidential...

Market News
Bullish
5 hours ago
Deadline set for Alphabet investors to join securities fraud class action by Dec 1, 2026.

Deadline set for Alphabet investors to join securities fraud class action by Dec 1, 2026.

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...

Bearish
6 hours ago
Anthropic plans $58-64B IPO despite market jitters, aiming for $1.4T valuation on Nasdaq debut.

Anthropic plans $58-64B IPO despite market jitters, aiming for $1.4T valuation on Nasdaq debut.

Anthropic is moving forward with its IPO, planning to offer 825 million Class A shares priced between $70 and $78 each, potentially raising $57.75 billion to $64.35 billion. The company could reach a valuation of $1.404 trillion if shares price at th...

Bullish
7 hours ago
Amazon's AWS grows 39% in Q3, driving record profits and strong future outlook.

Amazon's AWS grows 39% in Q3, driving record profits and strong future outlook.

Amazon's AWS segment grew 39% year-over-year in Q3 2026, marking its fastest growth in nearly five years and driving the company's highest-ever consolidated operating margin of 13.9%. AWS revenue hit $45.98 billion with operating income rising to $17...

Bullish
7 hours ago
Anthropic prepares for a historic IPO amid soaring AI revenues and massive losses.

Anthropic prepares for a historic IPO amid soaring AI revenues and massive losses.

Anthropic, the AI company behind Claude, is set to begin trading next week after ending its 15-day waiting period post-S-1 filing. The company aims to raise $80B-$100B with a valuation between $1.25T and $1.75T, potentially making it the largest IPO ...

Neutral
8 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App