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via finance.yahoo.comCapital Markets

Alphabet stock rises 1.4% as euro borrowing meets a $200 billion spending plan

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Alphabet (NASDAQ:GOOG) is adding debt as its infrastructure bill climbs. Google's parent priced 6 billion of notes in a November 2 term sheet, spread across seven tranches with maturities extending through 2045. Shares rose 1.40% to…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishFinancing for expanding computing infrastructure bears on Alphabet's spending outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Alphabet priced 6 billion euros of notes across seven tranches maturing through 2045.
  2. 02The deal follows a 9 billion euro offering in May, bringing the total to 15 billion.
  3. 03Annual capital-expenditure guidance was maintained at $195 billion to $205 billion.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Alphabet Inc.GOOGStock287.30 USDMarket closedtoday +3.25%Positive Alphabet Inc.GOOGLStock288.93 USDMarket closedtoday +3.18%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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