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Alphabet (GOOGL) Tumbles 2.5% Following Massive $80 Billion Equity Dilution Plan

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The Story

News Summary

  • Alphabet announced an $80 billion equity raise through private, public, and at-the-market channels.
  • This massive dilution follows increased AI capital expenditure demands, signaling that the company has reached its debt capacity limits, which triggered a negative reaction in after-hours trading.
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GOOGL price history

338.50 +6.53% over the displayed period

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