Your email has been successfully added to our mailing list.

×
6.42467073561896E-05 0 -0.000128493414712562 -0.000245743655637681 -3.21233536780948E-05 0.000378091872791563 9.63700610342843E-05 0.000642467073562443
Stock impact report

Alphabet to buy Intersect Power to bypass energy grid bottlenecks [TechCrunch]

Alphabet Inc. - Class C Capital Stock (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Company Research Source: TechCrunch
The acquisition, which was announced Monday, will help Alphabet expand its power generation capacity alongside new data centers without having to rely on local utilities that are struggling to keep up with the demand of AI companies. Securing access to energy that powers data centers has become a critical part of training AI models. Alphabet previously held a minority stake in Intersect Power after Google and TPG Rise Climate led an $800 million strategic funding round in the company last December. That partnership set a target of $20 billion in total investment by 2030. The acquisition includes Intersect's future development projects, but excludes its existing operation, which will be bought out by other investors and managed as a separate company. Intersect's new data parks, which are essentially locations next to wind, solar, and battery power, are expected to be operational late next year and fully completed by 2027, Google said when it announced its minority investment. Show less Read more
Impact Snapshot
Event Time:
GOOG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GOOG alerts
Opt-in for
GOOG alerts

from News Quantified
Opt-in for
GOOG alerts

from News Quantified