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Quarterly earnings beats push Alphabet stock higher in Monday trading

2026-04-29 15:16:36

Alphabet Inc. (GOOGL) saw its stock rise by 1.54% after announcing a significant investment of up to $40 billion in AI startup Anthropic and reporting quarterly earnings and revenue that surpassed analyst expectations. Despite strong bullish momentum, technical indicators suggest the stock might enter a period of consolidation within the $338.65 to $346.25 range before a potential breakout to new highs.

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