New York, Jan 10, 2026, 09:34 EST — Market closed.
- Alphabet’s Class C shares (GOOG) closed up 0.96% on Friday at $329.14.
- EU regulators set a Feb. 10 deadline on Alphabet’s $32 billion Wiz acquisition review.
- Alphabet set its quarterly results call for Feb. 4; Cantor Fitzgerald upgraded the stock.
Alphabet’s Class C shares (GOOG) closed up 0.96% on Friday at $329.14, ending the week on a firmer footing as investors lined up the next set of company and policy catalysts. 1
The timing matters. GOOG is a bellwether in big-cap tech, and moves in the stock can sway index performance and risk appetite more broadly. Class C shares carry no voting rights, but they trade as one of the main liquid lines for Alphabet.
Next week opens with inflation back in focus. The consumer price index (CPI), a broad measure of U.S. inflation, is due on Tuesday, and the Federal Reserve’s next policy meeting is scheduled for Jan. 27-28. 2
Friday’s gain came as U.S. stocks rallied to record closes after a softer-than-expected jobs report, even as the unemployment rate dipped to 4.4%, helping steady expectations around the path for interest rates. 3
On the stock-specific side, Cantor Fitzgerald upgraded Alphabet to “Overweight” from “Neutral” and lifted its price target to $370 from $310. Overweight means the broker expects the stock to beat others in its coverage universe, not that the shares must rise. 4
Regulators are also in the frame. EU antitrust enforcers said they will decide by Feb. 10 whether to clear Alphabet’s $32 billion acquisition of cybersecurity firm Wiz, a deal Alphabet has pitched as a push to sharpen its edge in cloud security against Amazon and Microsoft. 5
Alphabet, meanwhile, set the clock for its own update. The company said it will hold its quarterly conference call on Wednesday, Feb. 4, to discuss fourth-quarter and full-year 2025 results. Investors typically focus on ad demand trends, cloud growth and margins, and any sign of how fast Alphabet is spending to build out artificial intelligence infrastructure. 6
There was also product news in the mix. Google said Gmail is rolling out new Gemini-based features in the U.S., including AI Overviews that summarize long threads and tools aimed at drafting and prioritizing messages, part of a broader effort to push AI deeper into consumer products. 7
From a chart point of view, GOOG traded between $326.25 and $331.48 on Friday and closed near $329, leaving traders watching the $330 area and the prior close around $326 as nearby reference levels. 8
But the next stretch carries obvious risk. A tougher EU review of Wiz could drag into a longer investigation, while a hot inflation print can push bond yields up and pressure richly valued tech. Alphabet’s own guidance on spending and profitability — especially around AI and cloud — can also reset expectations quickly.
The first test comes with Tuesday’s CPI. After that, Alphabet’s Feb. 4 results and outlook take over, with the EU’s Wiz decision deadline set for Feb. 10.
