Updated: Nov 7, 2025
Key takeaways
- Live price (midday): Alphabet Class A (GOOGL) traded around $277.45, down ~2.6% from Thursday’s close; Class C (GOOG) hovered near $278.02, also off ~2.6%. Intraday ranges: GOOGL $275.19–$285.30; GOOG $275.81–$286.52. Market cap sits near $2.94T. Figures as of ~18:45 UTC.
- Macro drag: Tech stocks are under pressure as investors “rethink” the AI trade; U.S. indices were on course for a losing week. Reuters
- Streaming headline today:Disney and YouTube TV remain in talks to restore ABC/ESPN after the channels went dark last week—an overhang for YouTube’s brand and subscriber growth. Reuters
- Deal news (this week): The DOJ cleared Alphabet’s $32B acquisition of cloud‑security firm Wiz, a landmark deal expected to close in 2026 pending other approvals. Reuters
- Product/AI & expansion: Reports point to a Google data center on Australia’s Christmas Island amid defense ties (not yet officially confirmed); and Google’s next‑gen Ironwood TPU hardware continues to draw attention. Semafor
- Balance sheet moves: Alphabet closed $17.5B (USD) + €6.5B in bond offerings on Nov. 6, bolstering liquidity for AI and cloud investment. Cleary Gottlieb
- Dividend reminder: Next $0.21 quarterly dividend is payable Dec. 15 to holders of record Dec. 8. Q4cdn
Live price snapshot (midday, Nov 7, 2025)
- GOOGL (Class A):$277.45, −$7.30 (≈−2.6%) vs. prior close $284.75; high $285.30 / low $275.19; ~21.1M shares traded. P/E ~23.7; market cap ~ $2.94T.
- GOOG (Class C):$278.02, −$7.32 (≈−2.6%); high $286.52 / low $275.81; ~13.5M shares traded.
Alphabet shares are now about 5% below their late‑October record high near $291.93 (GOOG). TradingView
What’s moving Alphabet today
1) YouTube TV–Disney blackout continues
Disney says talks with YouTube TV (Google) are ongoing to restore ABC and ESPN after last week’s carriage lapse. For Alphabet, the dispute injects near‑term uncertainty around YouTube TV churn, sports viewership, and ad momentum heading into a packed sports weekend. Reuters
2) DOJ clears $32B Wiz acquisition (deal still pending other approvals)
Wiz’s CEO said the U.S. DOJ antitrust review is complete, a key step toward closing Alphabet’s largest acquisition, which aims to deepen Google Cloud security and enterprise trust. Alphabet still expects closing in 2026 subject to standard conditions and non‑U.S. reviews. Reuters
3) Global expansion & infrastructure
- Germany: Google plans to unveil its largest‑ever investment project in Germany on Nov. 11—including data centers and renewable/waste‑heat initiatives—highlighting continued capex in Europe. Reuters
- Australia (report):Semafor reports Google will build a data center on Christmas Island tied to a defense pact; additional coverage in Indian press frames it as “reportedly planning.” No official Alphabet confirmation yet. Semafor
4) AI hardware & cloud momentum
Coverage this week spotlighted Ironwood, Google’s 7th‑gen TPU platform designed to scale to 9,216 chips per superpod and boost AI inference efficiency—supporting Alphabet’s heavy AI spend and cloud backlog. The Verge
5) New ad‑platform controls
Google rolled out brand‑suitability controls that now extend to the YouTube Home Feed, Watch Next Feed, and Google Discover, creating more consistent ad inventory options for marketers—incrementally positive for ad quality and yields. Google Help
6) Fresh financing firepower
Alphabet completed $17.5B in USD notes and €6.5B in euro notes (closed Nov. 6), adding flexibility to fund capex and strategic initiatives while maintaining balance‑sheet strength. Cleary Gottlieb
The market backdrop: AI trade cools, risk‑off tone weighs on megacaps
Stocks extended Thursday’s losses as investors reassessed AI‑linked valuations; the Nasdaq tracked for another down week while yields dipped and macro worries lingered. That broad tone pressured megacaps including Alphabet during Friday’s session. Reuters
By the numbers: Alphabet’s latest quarter (Q3 2025)
- Revenue:$102.35B, +16% YoY; Operating income:$31.23B (GAAP); Net income:$34.98B; EPS:$2.87. (Non‑GAAP operating income +22% excluding an EU fine). Q4cdn
- Segment highlights:Google Search & Other $56.57B; YouTube ads $10.26B; Google Cloud $15.16B with faster growth; over 300M paid subscriptions led by Google One & YouTube Premium. (Company commentary) Q4cdn
- Regulatory charge: Alphabet accrued a $3.5B European Commission fine in Q3 (Google Services segment). Q4cdn
Dividend & near‑term dates to watch
- Dividend:$0.21 per share for Class A/B/C; record date Dec. 8, payment date Dec. 15. Q4cdn
- Corporate calendar & watch‑items:
How to read today’s move
- Tactical pressure: The risk‑off macro tone in AI‑exposed tech is the primary driver behind today’s slide, not a company‑specific miss. Reuters
- Fundamentals intact: Q3 prints show double‑digit revenue growth, accelerating Cloud and resilient Search/YouTube demand; balance‑sheet capacity was just reinforced via USD + euro notes. Q4cdn
- Watch near‑term headlines:
- Resolution—or escalation—in the YouTube TV–Disney standoff (churn risk, brand optics). Reuters
- Details on the Germany investment and any official confirmation on Christmas Island. Reuters
- Integration path and regulatory milestones for Wiz. Reuters
- AI/TPU roadmap execution and advertiser adoption of the new brand‑suitability controls. The Verge
FAQs
Why is Alphabet stock down today?
Primarily macro: investors have rotated away from richly valued AI winners this week, pressuring megacaps broadly; Alphabet is participating in that move. Reuters
What’s happening with YouTube TV and Disney?
Disney says it remains in active talks with YouTube TV to restore ABC/ESPN after a carriage lapse; no deal is finalized yet. Reuters
Did regulators approve Google’s Wiz deal?
The U.S. DOJ has cleared the acquisition; the deal still awaits other jurisdictions’ reviews and is slated to close in 2026, per current guidance. Reuters
When is the next Alphabet dividend?
Alphabet’s board declared a $0.21 dividend, record date Dec. 8, payable Dec. 15. Q4cdn
This article is for informational purposes only and is not investment advice. All prices are intraday and subject to change.
