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Alphabet (GOOGL) Soars on $20B Bond Deal Amid AI Recovery and Strong Tech Spending Outlook

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The Story

News Summary

  • Asian and US tech stocks, including Alphabet, rallied after last week's AI-driven selloff, boosted by Alphabet’s $20 billion bond offering amid strong capital expenditure forecasts and easing concerns over the AI spending spree.
  • Market focus now shifts to US economic data influencing Fed rate expectations.
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GOOGL price history

349.39 +8.30% over the displayed period

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