GOOGL Stock Soars as AI Expansion Plans Gain Momentum
Alphabet Inc.'s stock has been trending up by 2.4% after strong AI product demand boosted investor optimism.
The company's AI expansion plans, including a €13B investment in Finland for AI-driven data centers and clean-energy projects, are seen as a key driver of growth.
Analysts at Oppenheimer model $170B in extra Google Cloud revenue from external TPU sales by 2028, while Tigress Financial raised its price target on Alphabet to $485.