Blackstone Inc., managed by Stephen A. Schwarzman, has expanded its holdings in Alphabet Inc. Class C (GOOG) by 3,542 shares. Alphabet Class C has experienced a substantial 12-month rally of approximately 66%-73%, despite recent minor pullbacks, and analysts maintain a StrongBuy rating due to accelerating search and Google Cloud growth, coupled with strong AI momentum. TipRanks’ AI Analyst, Spark, rates GOOG as an “Outperform” due to its robust financial performance and supportive technical trends, though it notes concerns regarding valuation and anticipated capital expenditure increases for 2026.
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Blackstone Inc. Boosts Alphabet Class C Stake by 3,542 Shares
Blackstone Inc., managed by Stephen A. Schwarzman, has expanded its holdings in Alphabet Inc. Class C (GOOG) by 3,542 shares. Alphabet Class C has experienced a substantial 12-month rally of approximately 66%-73%, despite recent minor pullbacks, and analysts maintain a StrongBuy rating due to accelerating search and Google Cloud growth, coupled with strong AI momentum. TipRanks’ AI Analyst, Spark, rates GOOG as an “Outperform” due to its robust financial performance and supportive technical trends, though it notes concerns regarding valuation and anticipated capital expenditure increases for 2026.