ALPHABET EQUITY RAISE: A BOLD MOVE OR A GIANT MISTAKE?

On Monday, after US markets closed, Alphabet (the parent company of Google) issued a press release that took investors by surprise (to say the least): “Alphabet Announces Proposed $80 Billion Equity Capital Raise to Expand AI Infrastructure and Compute.” On the surface, Alphabet claims that, despite sitting on almost $127... The post ALPHABET EQUITY RAISE: A BOLD MOVE OR A GIANT MISTAKE? appeared…