Tech Giants Like Alphabet and Amazon Cover AI's Energy Costs, Boosting Utility Stocks.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2026
0mins
Source: Barron's
- AI in Financial Markets: AI is significantly impacting financial markets, providing smaller utilities with advantages over much larger tech companies.
- Investment Opportunities: This technological edge allows investors to capitalize on the unique advantages that these utilities have gained through AI.
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Analyst Views on GOOGL
Wall Street analysts forecast GOOGL stock price to fall
33 Analyst Rating
26 Buy
7 Hold
0 Sell
Strong Buy
Current: 380.340
Low
305.00
Averages
374.25
High
400.00
Current: 380.340
Low
305.00
Averages
374.25
High
400.00
About GOOGL
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
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See More
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- Positive Market Response: Alphabet plans to use the proceeds from its broader $80 billion stock sale to expand its AI infrastructure and global computing capacity, addressing unprecedented customer demand and solidifying its leadership in the AI sector.
- Frequent M&A Activity: Just a day prior to this deal, Berkshire agreed to acquire homebuilder Taylor Morrison Home for $6.8 billion in cash, showcasing its proactive approach to diversification in investments.
See More
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- Increased Capital Expenditure: Google has raised its capital expenditure forecast for 2023 to between $180 billion and $190 billion, up from a previous estimate of $175 billion to $185 billion, reflecting the company's strong commitment to investing in AI.
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