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Alphabet’s Google Cloud Secures $10B Palo Alto Deal, Stock Rises

Alphabet’s Google Cloud Secures $10B Palo Alto Deal, Stock Rises

Author:

Global Cryptocurrency

Published:

2025-12-21 20:32:02

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BTCCSquare news:

Alphabet (GOOGL) shares gained over 1% on Friday following Google Cloud's landmark $10 billion cybersecurity partnership with Palo Alto Networks. The expanded deal marks Google Cloud's largest security services contract to date, with Palo Alto committing to migrate existing offerings and develop new AI-powered services on the platform.

The agreement underscores Alphabet's growing dominance in cloud infrastructure and AI technology. Year-to-date, GOOGL has surged 60%—outperforming most US stocks—as its AI investments bear fruit. Separately, Alphabet's collaboration with Meta Platforms to develop competitive AI chips threatens Nvidia's market position.

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