Alphabet Class C ( (GOOG) ) has been popular among investors this week. Here is a recap of the key news on this stock.
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Alphabet Class C is drawing fresh investor attention as the parent company of Google steps up both its artificial intelligence and clean‑energy strategies, while continuing to enjoy strong support on Wall Street. In the AI race, Google’s DeepMind unit and Alphabet’s Isomorphic Labs are pursuing private data-licensing deals with biotech, finance, and healthcare firms to train more advanced, industry-specific models, mirroring similar moves by rivals OpenAI and Anthropic. These partnerships aim to give Alphabet richer proprietary datasets for complex tasks in sectors like life sciences and accounting, although they face legal and privacy hurdles around user consent and data-sharing agreements.
At the same time, Alphabet is reinforcing the power backbone of its AI and cloud ambitions with a new clean-energy deal in Asia. The company has agreed to buy electricity from a 30‑megawatt solar project in Kedah, Malaysia, starting in 2027, supporting its goal of running all data centers and offices on 24/7 carbon‑free energy by 2030. While modest in size, the contract helps secure cleaner, more predictable power for future data center growth in Southeast Asia and reduces long-term regulatory and cost risks. Despite a small recent pullback in the share price, Alphabet Class C maintains a Strong Buy consensus from analysts, with targets generally in the low-to-mid $320s and some bullish calls as high as $385–$400, implying further upside for investors who believe in the company’s AI leadership and sustainability-driven growth strategy.