Bullish
Alphabet's stock rises 2% to $339 after AI-driven growth offsets capex concerns.
In the past 24 hours, Alphabet's stock has gained 2%, reaching $339, as investors respond positively to the company's strong AI and cloud growth. This uptick comes despite concerns over increased capital expenditures.
Key points
- Alphabet's AI and cloud services continue to drive significant growth, with Google Cloud's revenue increasing by 82% year-over-year in Q2 2026.
- The company has raised its 2026 capital expenditure guidance to $195–$205 billion, up from $180–$190 billion, raising concerns about rising costs.
- Analyst consensus remains a 'Buy' with an average price target of $410.09, indicating confidence in Alphabet's long-term prospects.
Sources
- Alphabet (GOOGL) Stock Up 3% as Cloud Growth Offsets Capex FearsCoinCentral · July 27, 2026
- GOOGL Drops Nearly 5% After-Hours — Alphabet Hikes 2026 Capex Spending To $205B, Sees Higher Spending In 2027Yahoo Finance · July 22, 2026
- Alphabet (GOOGL) Stock Drops 4% After Brief Post-Earnings PopBenzinga · July 23, 2026
AI-generated from public news sources. Not financial advice.
