Google parent Alphabet surprises with capital spending boost
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Most leaders in the tech industry owe their wealth to founding equity stakes in their platforms, which Google’s Sundar Pichai does not have.
Many of Pichai's recent sales were made under a regulatory filing which allows stock sales to be set up in advance by officers of publicly-listed companies to avoid any accusations of inside trading.
Alphabet is trading at a significant discount to peers despite superior profitability and growth outlook. Click here to see why GOOGL stock is a Buy.
Alphabet Inc.’s Google inked a deal worth more than $1 billion to provide cloud-computing services to software firm ServiceNow Inc., a win for Google Cloud’s efforts to get major enterprises onto its platform.
Alphabet stock trades nearly flat year-to-date in 2025. A strong Q2 report could see shares trade higher and closer to all-time highs.
Alphabet was targeted with an EU antitrust complaint from six human and digital rights groups on Thursday which urged EU regulators to investigate whether the tech giant complies with legislation requiring it to make it easier for users to uninstall software apps.
Google-parent Alphabet beat expectations for its second quarter earnings results Wednesday afternoon. The stock initially fell in after-hours trading before climbing as the company held its post-earnings call with investors.