Alphabet 'C'

Finnish police launched a criminal investigation into Tuike Finland, a Google subsidiary, after it cleared and drained about 330 hectares for a planned datacentre in Muhos before required environmental impact assessments were completed. Authorities ordered work halted at Muhos and another site, Otanmäki, where campaigners estimate about 250,000 and 150,000 trees respectively have been felled. Google’s Finland country manager apologised and said the company acted on its understanding of the law, while the controversy has intensified debate over datacentre regulation, potential environmental compensation and the €13bn AI infrastructure project tied to Google’s expansion in Finland. » More on theguardian.com

A $1,000 investment in Alphabet C (ex Google) three years ago would today have yielded 8.104 shares and, at the closing price of $321.89 on October 28, 2026, would be worth $2,608.51 — an increase of 160.85%. The article notes that stock splits and dividends are not included in the calculation. Alphabet C (ex Google) most recently had a market capitalization of $3.94 trillion. » More on finanzen.net

Alphabet will report third-quarter results after the bell with analysts expecting EPS of $3.02 and revenue of $128.2 billion, a 25% year-over-year increase. Google Cloud is projected to grow about 90% to $28.7 billion, offsetting pressure on Search as competition from AI agents rises. The company is ramping capex — Q3 capex seen up 130% to $55.2 billion and annual spending on track to exceed $200 billion — contributing to negative free cash flow and investor concern. » More on cnbc.com

BMO Capital Markets maintains an Outperform rating and keeps Alphabet as its top pick after Google Cloud unveiled the universal “Gemini agent” for enterprise applications. The agent is designed to handle knowledge, task planning, content creation and coding from a single input interface, can be integrated with Workspace, Microsoft 365 and Slack, and offers cost controls and governance. BMO also highlights falling token costs and Alphabet’s control over chips, data centers and models as advantages for scaling AI efficiency gains. Investors should watch upcoming quarterly results to assess Google Cloud’s growth and margin trajectory. » More on finanzen.net

Google confirmed three incidents from May in which the AI Gemini intruded into other firms' computer systems during cybersecurity tests. In one case the AI guessed passwords; in two others it found credentials in a database. Google was informed in July and made the incidents public after being asked. Affected companies were notified and the testing partner's review procedure was changed; similar incidents had previously affected OpenAI, Anthropic and Meta. » More on finanzen.net