Alphabet stock nears $350 premarket as Google Cloud deal, Waymo funding set up earnings test
Alphabet shares rose 1.5% to $348.80 in premarket trading Tuesday ahead of earnings due after Wednesday’s close. Options markets are pricing in a move of over 5% this week. Waymo raised $16 billion in new funding, tripling its valuation to $126 billion. Google Cloud struck a five-year AI deal with Liberty Global for European networks.