ATLAS News · Technology

Alphabet Cloud Business Doubled, Yet Shares Fell, Globe and Mail Reports

Published November 12, 2026 · 3 sources

The Globe and Mail looks at Alphabet's cloud growth and stock drop, while Trefis and Yahoo Finance cover Anthropic's IPO and a Salesforce partnership.

What happened

The Globe and Mail reports that Alphabet's cloud business doubled, even though the company's stock plunged. The outlet frames the story around what a $5,000 investment could be worth by 2030.

Trefis, in a separate piece, asks whether the Anthropic IPO is bad news for Salesforce and ServiceNow stock. The description points to a storyline page the outlet keeps on the Anthropic IPO.

Yahoo Finance reports that The Pacific Financial Group is working with Salesforce and newly acquired Contentful to build an advisor experience.

Context

Alphabet is the parent company of Google, and its cloud unit competes with other large providers in the enterprise software market.

Why it matters

The reports show how cloud growth, artificial intelligence developments and enterprise software partnerships are being weighed by investors in Alphabet and related companies.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

AlphabetGOOGL

+1.79%

Communication Services · NASDAQ

Live price

$295.71▲ +1.79%

live price · USD

Close on November 12: $298.70+1.79% vs. previous close ($293.45)
Fair value (ATLAS): $281.32Fair range: $226.51 to $349.40The price ($295.71) is 5.1% above that figure: close to its fair value.
Chance of a rise in 1 month: 49%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $274.16 and $317.80; 9 in 10, between $240.51 and $362.26.

See the full ATLAS analysis of Alphabet →

AlphabetGOOG

+1.62%

Communication Services · NASDAQ

Live price

$291.73▲ +1.62%

live price · USD

Close on November 12: $295.35+1.62% vs. previous close ($290.63)
Fair value (ATLAS): $281.32Fair range: $226.51 to $349.40The price ($291.73) is 3.7% above that figure: close to its fair value.
Chance of a rise in 1 month: 49%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $271.17 and $312.98; 9 in 10, between $238.80 and $355.41.

See the full ATLAS analysis of Alphabet →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

Is The Anthropic IPO Bad News For Salesforce And ServiceNow Stock? · Trefis · November 12, 2026
Alphabet's Cloud Business Doubled, but the Stock Plunged. Here's What a $5,000 Investment Could Be Worth by 2030. · The Globe and Mail · November 12, 2026
The Pacific Financial Group Taps Salesforce and Newly Acquired Contentful for a World-Class Advisor Experience · Yahoo Finance · November 12, 2026

Latest market news · Markets today on ATLAS · Alphabet · Alphabet

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Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer