Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business

Alphabet Inc. Shares Dip Modestly Amid Ongoing AI Investments and Market Volatility

Alphabet Inc., the parent company of Google, saw its Class A shares (GOOGL) close at $302.28 on Friday, March 13, down 1.27 or 0.42% from the previous session, as investors continue to digest the tech giant's aggressive push into artificial intelligence infrastructure.

Trading on March 16 remained light in pre-market activity, with shares hovering around $301-303 levels based on after-hours and early indications, reflecting broader market caution. The stock has pulled back from its all-time high closing price of $343.45 reached on February 2, amid concerns over escalating capital expenditures and macroeconomic pressures.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.