Alphabet (GOOGL) Company Report

Alphabet expects to nearly double its investment spending to $180 billion, above analyst forecasts of under $119 billion, raising concerns about AI buildout costs.
U.S. stocks slid, with the S&P 500 down 1.1–1.2% and the Dow and Nasdaq off 1–1.6%, as weak jobs data weighed on markets.
Bitcoin plunged 50% from its October peak, including a 13% single-day drop, reflecting structural shifts in derivatives and synthetic supply.
Planned layoffs jumped 205% to 108,435 in January, the highest since 2009; tech sector cuts totaled 22,291, and UPS planned 31,243 reductions.

2 hours ago

Barron's

Alphabet posts over $400B in 2025 revenue

GOOGL

Earnings

Revenue Acceleration/Inflection

Product Launch

Alphabet reported $402.84 billion in 2025 revenue and $113.83 billion in Q4, marking its first annual revenue above $400 billion.
Search revenue rose 17%, Google Cloud grew 48% to an annual run rate above $70 billion, and YouTube surpassed $60 billion.
Generative-AI product revenue surged nearly 400%, bolstered by the launch of Gemini 3 and expanded enterprise adoption.
Gemini app achieved 750 million monthly active users; direct API usage handled over 10 billion tokens per minute, with serving-unit costs down ~78%.
2026 capital expenditures are planned at $175–185 billion to scale data centers and AI compute infrastructure.

2 days ago

Barron's

Alphabet reports Q4 and FY 2025 results

GOOGL

Earnings

Guidance Update

Dividends

Consolidated revenues grew 18% YoY to $113.8 B in Q4 2025; FY 2025 revenues reached $402.8 B, surpassing $400 B for the first time.
Google Services revenues rose 14% to $95.9 B, with YouTube annual revenues exceeding $60 B.
Google Cloud revenue surged 48% to $17.7 B, led by enterprise AI infrastructure and solutions.
Net income increased 30% to $34.5 B, diluted EPS was $2.82 (+31%), and operating margin stood at 31.6%.
2026 CapEx guidance of $175–185 B to support AI investments; quarterly dividend of $0.21 per share declared.

2 days ago

8-K

Alphabet plans $4.75 billion Intersect Power acquisition for AI data centre energy

GOOGL

M&A

New Projects/Investments

Alphabet plans to spend $4.75 billion to acquire Intersect Power, becoming the first major tech company to own generation assets outright to power its AI data centres.
Intersect Power’s portfolio includes approximately $15 billion of operational and under‐construction assets, providing immediate scale in renewables generation.
The acquisition reflects a strategic shift to vertical integration as AI workloads push data centre electricity demand to levels comparable to mid‐sized cities and strain existing grids.
The deal has significant regional implications, particularly in Australia, where Google is expanding its cloud and AI capacity amid local infrastructure concerns.

4 days ago

WSJ

Alphabet faces EU DMA proceedings on Android and Search

GOOGL

Legal Proceedings

The European Commission has opened two specification proceedings under the Digital Markets Act (DMA) to guide Google on granting rival AI providers and search engines equal access to Android features and anonymized Search data, with proceedings due to conclude in six months and preliminary findings in three months.
The first proceeding under DMA Article 6(7) focuses on AI interoperability with hardware/software components used by Google's Gemini service; the second under DMA Article 6(11) addresses access to anonymized ranking, query, click and display metrics from Google Search.
Regulators note Google, a designated DMA ‘gatekeeper’ since September 2023, with Android powering over 70% of global smartphones, underscores the urgency to ensure fair competition.
Google warns that extra rules could hinder user privacy, security and innovation, while highlighting Alphabet’s strong capitalization (approx. $4 trillion market cap) underscores the economic stakes.

Jan 27, 2026, 10:02 AM

WSJ

Alphabet appeals Mehta ruling, seeks stay on data sharing

GOOGL

Legal Proceedings

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.

Jan 16, 2026, 9:00 PM

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.