+1.77% to $338.50 from $332.60
What moved GOOGL
- Google launched a native Gemini AI desktop app for Windows 10 and 11, letting users summon the assistant with an Alt+Space keyboard shortcut over any active window.
- The Windows app arrives roughly five months after Gemini’s desktop debut on macOS and is available globally across x64 and ARM64 devices.
- Google described the app as “lightweight and quiet,” saying it runs without slowing down users’ PCs.
Sources: BetaNews · Time News
+0.63% to $337.12 from $335.02
What moved GOOGL
- A U.S. federal judge in Virginia refused to order Google to divest its AdX ad-exchange business, rejecting the Justice Department’s bid to break up part of its advertising operations.
- The judge accepted most of the government’s proposed behavioral remedies instead of a structural breakup, though the details remain sealed for 14 days.
- The Justice Department and a coalition of states had sued Google in 2023 over its dominance of ad-tech markets used by online publishers.
- Separately, Google released Gemini 3.8 Flash and a Cyber variant to subscribers of its Gemini app, AI Mode, and developer tools including AI Studio and the Gemini API.
Sources: CNBC · The Hill · Axios · 9to5Google
-1.28% to $335.02 from $339.35
What moved GOOGL
- Fervo Energy and Google signed a 396-megawatt power purchase agreement to support continued development of the Cape Station enhanced-geothermal project in Utah, described as the largest enhanced-geothermal PPA to date.
- The carbon-free power is intended to help serve a potential future Google data center in Utah, with the Cape Station GeoCluster expected online in 2028.
- Fervo also gave Google an option to expand its offtake by about 600 MW, for nearly 1 GW total, by June 2030.
- Alphabet shares fell alongside broader technology and chip stocks as Nasdaq-listed names led the market lower on renewed U.S.-Iran tensions.
Sources: Fervo Energy · ESG Today · The Motley Fool · Yahoo Finance
-0.32% to $346.96 from $348.06
What moved GOOGL
- Google Cloud launched Gemini Enterprise for Legal, a version of its AI platform built for law firms and corporate legal departments, with Cleary Gottlieb, Freshfields, Weil and Williams & Connolly named as launch partners.
- It is Google’s first industry-specific packaging of Gemini Enterprise, following a parallel financial-services edition, with healthcare and life-sciences versions described as on the horizon.
- Alphabet-owned Waymo said it will begin testing autonomous vehicles in Munich in the coming weeks, aiming to launch commercial robotaxi service there by late 2027 — its first market in the European Union.
- Waymo’s Munich fleet will start with manually driven mapping runs using electric Jaguar I-PACE vehicles with trained safety drivers, before autonomous testing begins.
Sources: Google Cloud Blog · Artificial Lawyer · TechCrunch · Yahoo Finance
+0.06% to $344.20 from $344.00
What moved GOOGL
- Alphabet’s Google is acquiring internal business data from bankrupt Spirit Airlines for $10 million to use for product development and training its AI models.
- The dataset includes roughly 100 million emails, hundreds of millions of Microsoft Teams chats, plus spreadsheets, calendars, marketing, HR and financial records.
- The data will be de-identified, with the agreement making Google responsible for deidentification costs, and Spirit says it will contain no customer or personally identifiable information.
- A bankruptcy judge is set to consider approving the sale at a hearing on August 19; AI hiring platform Mercor had offered $7.5 million as a competing bid.
- Spirit Airlines has been selling off assets in bankruptcy after shutting down operations in May due to high debt and fuel costs.
Sources: CNN · Reuters
-3.84% to $343.80 from $357.52
What moved GOOGL
- A group representing roughly 300 French daily newspapers filed a competition complaint against Google with France’s antitrust authority, arguing that AI Overviews divert reader traffic and ad revenue away from publisher websites.
- The complaint follows a related move by France’s competition authority, which had already ordered Meta to resume negotiations with publishers over payments for AI use of their content.
- Alphabet closed a $25 billion senior unsecured debt offering and continues issuing shares under a $40 billion at-the-market equity program, alongside a 2026 capital expenditure target of up to $205 billion, which has fed investor concern over rising leverage and dilution.
- The decline came ahead of Alphabet’s Wednesday Pixel 11 launch event, with the scale of AI investment remaining a central focus for investors.
Sources: Euronews · Courthouse News Service · Benzinga · TS2.tech