Alphabet Faces Pressure as Google Stock Drops on $85 Billion Share Sale and AI Talent Outflows
Alphabet shares plunged 5.6% to $347.53 as investors reacted to a $40 billion at-the-market stock sale set for Q3, leadership exits to OpenAI and Anthropic, and soaring AI infrastructure costs, despite strong Q1 revenue and Google Cloud growth; free cash flow dropped to $10.1 billion as Alphabet shifts to an asset-heavy model, raising concerns about dilution and capital spending.