Waterloo Capital L.P. significantly increased its stake in Alphabet Inc. ($GOOG) by 25.5%, acquiring an additional 7,013 shares, bringing its total holdings to 34,523 shares valued at approximately $8.41 million. Other major institutional investors like Vanguard Group Inc. and State Street Corp also adjusted their positions, indicating sustained institutional interest. Despite positive developments such as new AI monetization strategies and regulatory approval for the Wiz acquisition, investor concerns have arisen due to a large debt offering and planned higher AI capital expenditures, which could impact near-term margins.
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Waterloo Capital L.P. Purchases 7,013 Shares of Alphabet Inc. $GOOG
Waterloo Capital L.P. significantly increased its stake in Alphabet Inc. ($GOOG) by 25.5%, acquiring an additional 7,013 shares, bringing its total holdings to 34,523 shares valued at approximately $8.41 million. Other major institutional investors like Vanguard Group Inc. and State Street Corp also adjusted their positions, indicating sustained institutional interest. Despite positive developments such as new AI monetization strategies and regulatory approval for the Wiz acquisition, investor concerns have arisen due to a large debt offering and planned higher AI capital expenditures, which could impact near-term margins.