Community Articles
via BeInCrypto · By BeInCrypto Editorial
Google Stock Drops as $80 Billion AI Fundraising Plan Sparks Dilution Concerns
BE
BeInCrypto Editorial(09:11 PM UTC)
1 min read
Alphabet (GOOGL) has set an $80 billion equity capital raise to fund AI infrastructure expansion. Berkshire Hathaway has committed $10 billion to the offering as its anchor institutional investor.
Investors sent GOOGL shares lower on the news. The stock closed at $372.58 on Monday, down 1.02%. Shares slipped another 1.50% to $367 in after-hours trading as dilution worries offset the institutional…
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments
Other Community Articles

