Alphabet Inc. and Google have raised $31.5 billion in a massive bond sale to fund their AI infrastructure buildout, signaling a shift towards heavier borrowing for growth. The company raised $20 billion in a U.S. dollar bond sale, drawing overwhelming demand. They also issued offerings in sterling and Swiss francs, including a rare 100-year bond. This comes after Alphabet announced capital expenditures of up to $185 billion this year for AI ambitions. Analysts are bullish on GOOGL stock, with a “Strong Buy” consensus rating and an average price target of $369.87, implying a 19% upside potential from current levels.

Read more at Barchart.: What Does Alphabet’s $31.5 Billion Bond Sale Really Mean for GOOGL Stock Investors?