Alphabet stock today: GOOGL slips premarket as Google’s $185 billion AI spend plan rattles nerves
Alphabet shares fell 1.3% to about $327 in premarket trading Friday after the company projected 2026 capital expenditures of $175–$185 billion, far above Wall Street forecasts. The company reported fourth-quarter revenue of $113.8 billion and Google Cloud growth of 48%. Investors focused on cash flow and profit margins amid rising AI-related spending.