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 doubling down on artificial intelligence and autonomous driving, even as investors weigh the near‑term cost. Its Waymo unit, freshly valued at $126 billion after a $16 billion funding round, aims to scale robotaxi operations to more than one million paid rides per week by the end of 2026, expanding from six U.S. cities into London, Tokyo, and over 20 additional markets while highlighting strong safety statistics to win regulatory trust.
At the parent level, Alphabet Class C is preparing a massive $20 billion bond deal that reportedly includes a rare 100‑year bond, signaling that its AI infrastructure push will be both capital‑intensive and long‑term. Management has guided for 2026 capex of $175–$185 billion, spooking the market in the short run, yet Wall Street remains broadly bullish, with Strong Buy ratings and average price targets implying roughly 18%–21% upside as investors bet that Google Cloud, AI services, and a maturing Waymo could turn today’s heavy spending into tomorrow’s high‑margin growth.