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International Business Times
International Business Times
Business
Daniel Lee

Alphabet Stock Dips to $306 Amid Geopolitical Volatility and Heavy AI CapEx Outlook

Alphabet Inc. (NASDAQ: GOOG) shares closed at $306.36 on March 2, 2026, down 1.63% or $5.07 from the prior session, reflecting broader market pressure from escalating Middle East conflict and investor caution over the company's aggressive capital expenditure plans for artificial intelligence infrastructure.

The Class C shares opened at $302.96, ranged from a low of $301.06 to a high of $308.14, and traded on volume of about 21.8 million shares. Pre-market activity on March 3 indicated further softness, with quotes dipping toward $298-$305 amid risk-off sentiment tied to oil price surges and regional instability. Alphabet's market capitalization hovered near $3.7 trillion, underscoring its position as one of the world's most valuable companies despite the recent pullback.

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