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Alphabet stuns markets with a rare $80B stock sale

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Even one of the richest companies on earth has decided its enormous cash flow is not enough. Alphabet, the parent of Google, announced Monday that it will raise $80 billion through a series of stock sales to bankroll its sprawling artificial intelligence buildout, a striking move for a company that has not issued equity in […] The post Alphabet stuns markets with a rare $80B stock sale appeared first on Rolling Out .

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