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.
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.
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.
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. TipRanks
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.
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.
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.
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.
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.
