Alphabet (GOOGL) Company Report

Alphabet filed a notice of appeal to pause implementation of Judge Mehta’s August 2024 ruling that found it had illegally monopolized search and search advertising.
The company seeks a stay on orders requiring it to share portions of its search index, raw search-interaction data, and to syndicate results to qualified competitors, citing trade secret and privacy concerns.
Judge Mehta rejected the DOJ’s proposal to force a Chrome sale but in December 2024 imposed limits on default-search agreements and finalized narrower remedies.
The final remedies require sharing some raw search-interaction data used for ranking and AI training, but do not mandate disclosure of underlying search algorithms.
Markets reacted strongly: Alphabet pays over $20 billion annually for default-search deals and its stock jumped about 8% on the remedy decision, rising roughly 56% since the ruling announcement as investors bet on its AI lead.

4 days ago

Bloomberg

Google rolls out Gemini 3 AI features in Gmail

GOOGL

Product Launch

Google has begun rolling out Gemini 3–powered AI features in Gmail (US English), including Help Me Write, Suggested Replies, a Proofread tool and AI Overviews that summarize threads.
A redesigned AI Inbox offers priority clusters, “Catch me up” summaries and conversational search, with advanced proofreading and broader assistant functions reserved for Google AI Pro/Ultra subscribers and testers.
Some capabilities will be enabled by default (opt-out), and Google uses on-device processing for personalization and privacy.
The rollout will expand to additional languages and regions, and analysts expect it to bolster Alphabet’s competitive positioning against OpenAI and Microsoft.

Jan 8, 2026, 2:44 PM

CNBC

Alphabet overtakes Apple in market value

GOOGL

Alphabet’s market cap briefly topped Apple, reaching $3.89 trillion vs $3.85 trillion
Class C shares jumped 2.4–2.5% after Canaccord raised its price target to $390 from $330
Investors are focused on Alphabet’s early-February earnings for details on planned increases in 2026 capital spending
Apple underperformed amid rising DRAM costs, with prices expected to increase 55–60% this quarter

Jan 7, 2026, 7:10 PM

WSJ

Alphabet to acquire Intersect for $4.75B

GOOGL

M&A

New Projects/Investments

Alphabet will pay $4.75 billion in cash plus assume debt to acquire data center and clean energy developer Intersect, accelerating its AI infrastructure buildout.
The deal, expected to close in H1 2026, includes Intersect’s development pipeline of gigawatts-scale energy and data center projects.
Intersect will remain a standalone brand led by CEO Sheldon Kimber and work with Google’s infrastructure team to synchronize power generation with new data center load.
Existing operating assets in Texas and California are excluded and will continue independently under current investors.

Dec 22, 2025, 4:18 PM

Bloomberg

Alphabet’s SandboxAQ enters strategic collaboration with MapLight Therapeutics

GOOGL

New Projects/Investments

SandboxAQ and MapLight have formed a strategic collaboration to discover and develop potential first-in-class therapies targeting a novel GPCR for CNS disorders.
SandboxAQ will receive an upfront payment and is eligible for up to $200 million in aggregate milestone payments.
The collaboration grants MapLight exclusive rights for clinical development and commercialization of the compounds.
SandboxAQ will leverage its AQBioSim platform—combining large-scale AI models and molecular simulation—to accelerate design-make-test-analyze cycles.

Dec 16, 2025, 12:00 PM

Press Release

Alphabet faces antitrust search remedies

GOOGL

Legal Proceedings

U.S. District Judge Amit Mehta finalized a remedial plan largely favoring the DOJ, requiring Google to share its search index and user data, but declined the DOJ’s demand to divest Chrome and Android.
Google’s proposals for stricter controls on data recipients and relaxed AI-related injunctions were rejected, with the judge calling the latter a “semantic head fake”.
Investors reacted positively, driving Alphabet shares up 8% in extended trading as the ruling’s impact was seen as relatively minimal compared to initial DOJ demands.
The judgment establishes clear data-sharing obligations and search result syndication terms to address Google’s monopoly in search and advertising markets.

Dec 6, 2025, 2:06 AM

CNBC

Alphabet shares gain on AI push

GOOGL

Earnings

New Projects/Investments

BNP Paribas Exane initiated coverage with an outperform rating and set a $355 price target, above peers’ estimates, signaling strong investor confidence
In the latest quarter, Alphabet recorded a 32.23% net margin and 36.08% return on equity, reflecting robust profitability
Advances like the Gemini AI model and heightened AI chip demand position Alphabet as a potential challenger to Nvidia
Strategic investments in AI, cloud computing, and cybersecurity underpin expectations for significant growth

Nov 24, 2025, 12:45 PM

Bloomberg

Alphabet receives Buy upgrade from Loop Capital

GOOGL

Revenue Acceleration/Inflection

Loop Capital upgraded Alphabet’s rating to Buy from Hold and raised its price target to $320, reflecting strong confidence in AI-driven growth prospects.
Google Search revenue growth accelerated to 15% in Q3, marking its strongest quarter since the COVID boom and alleviating concerns of AI cannibalizing core search income.
Google Cloud revenue surged 35% in Q3, driven by its custom tensor processing unit technology that enhances compute economics and offers a differentiated advantage.
The Gemini app now has over 650 million users, with queries increasing threefold quarter-over-quarter, underscoring robust engagement with Alphabet’s AI offerings.

Nov 18, 2025, 7:49 AM

CNBC

Alphabet faces EU antitrust probe into news rankings under DMA

GOOGL

Legal Proceedings

The European Commission is set to open an antitrust investigation into Alphabet’s Google over alleged manipulation of news publisher rankings in search results under the EU’s Digital Markets Act.
Regulators are probing claims that Google demotes publishers featuring paid or sponsored content, which could breach DMA rules prohibiting gatekeeper manipulation.
Violations of the DMA carry fines of up to 10% of global annual revenue, underscoring the high stakes of the probe.
This action follows a recent €2.95 billion penalty imposed on Google for adtech competition distortions, highlighting mounting regulatory scrutiny in Europe.

Nov 12, 2025, 5:19 PM

Bloomberg

Alphabet signs 15-year renewable energy deal for Ohio data centers

GOOGL

New Projects/Investments

Alphabet’s Google unit enters a 15-year power purchase agreement to receive 1.5 TWh of certified renewable electricity from TotalEnergies’ Montpelier solar farm in Ohio.
The renewable energy will power Google's data centers in Ohio, enhancing the reliability of its digital infrastructure.
TotalEnergies is building a 10 GW U.S. renewable portfolio, including 1 GW in the PJM market and 4 GW in Texas.
The Montpelier facility is nearing completion and is already connected to the PJM grid, aligning with TotalEnergies’ strategy to stabilize revenues via electricity sales.