Alphabet Stocks Rise 0.34% as Google Lines Up $10 Billion Anthropic Stake Purchase Khac Phu Nguyen Tue, November 10, 2026 at 1:03 PM EST 1 min read GOOGM -0.52% ANTH.PVT NVDA -6.10% MU -3.70% MSFT -2.57% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Alphabet (NASDAQ:GOOGL) shares rose 0.34% to $289.14 as of 9:53 a.m. ET in regular trading on November 10, after Anthropic's amended registration statement showed Google committing about $10.0 billion to buy shares at the IPO price. The AI developer set a range of $70 to $78 per share, and the placement closes right after the offering.
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Seven companies are buying $26.0 billion of nonvoting Class N shares. Google and Nvidia each take $10.0 billion, followed by AMD at $2.5 billion, then Broadcom, Micron and Microsoft at $1.0 billion each and TSMC at $500 million. Google's purchase partly funds investment obligations it had already committed. Earlier disclosures described a financing deal worth up to $20 billion that shrinks by up to $10 billion if Google buys in the placement. That deal carries a 14.99% ownership cap, which Google can waive.
At the $74 midpoint, $10 billion buys about 135.1 million shares. Alphabet will now hold a stake whose value moves every trading day. On GuruFocus, Alphabet carries a GF Score of 98/100, with Profitability at 10/10, Financial Strength 8/10, Momentum 8/10 and GF Value Rank 7/10. The shares trade 5.26% above the $274.68 GF Value, a "Fairly Valued" reading that leaves little room if the IPO prices at the low end. The next checkpoints are the final price and first-day trading, then how Alphabet reports the mark in fourth-quarter earnings.
