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Barchart
Barchart
Wajeeh Khan

GOOGL Stock Alert: The $85 Billion Reason Alphabet Is Down Today

Alphabet (GOOG) (GOOGL) shares are inching lower on June 5, reflecting investor unease over the giant’s decision to raise a concerning $85 billion in fresh equity.

The announcement signals the AI spending race has grown so capital-intensive that even the titans are beginning to tap public markets to keep up.

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