Alphabet is seeking fresh capital as stock's 4-week losing streak tests investor appetite

Key points

• In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNT Alphabet CEO Sundar Pichai during the Bloomberg Tech conference in San Francisco, June 4, 2025. David Paul Morris | Bloomberg | Getty Images A month ago, Alphabet briefly surpassed Nvidia by market cap.
• The stock has since been on a downward slide, and just wrapped its fourth straight weekly drop, the longest losing streak in more than a year.
• That's the market mood Alphabet faces as it pursues $85 billion in fresh capital to help fund its artificial intelligence build-out.
• While Google has been Wall Street's favorite megacap tech name over the past year, some skepticism is seeping into the story as the cash-rich company seeks even more money for infrastructure and to advance AI models that it hopes will compete with offerings from Anthropic and OpenAI.
• "I never thought Google would need to hit the public markets to...