Why Alphabet (Google) (GOOGL) rose 1.95%
Alphabet (Google) (GOOGL) rose 1.95% on October 8, 2026 — 890 MW nuclear deal secures Alphabet's AI power.
What happened
Alphabet rose 1.9% after securing 890 MW of nuclear power from Constellation Energy to support its AI data-center expansion.
Why it moved
Locked-in nuclear supply removes one of the main bottlenecks on AI infrastructure growth, since power availability limits how fast new datacenter capacity can come online.
Why it matters
This fits the Hyperscaler Capex theme, where AI spending has lifted these names for months but momentum is now stalling.
What would break the thesis
If the power contract is delayed, downsized, or hit by regulatory pushback, the bottleneck argument weakens and the gain could fade.