Google share price stock: Google share price: Alphabet stocks fall, Google announces $6.41 billion investment in Germany, create 9,000 jobs
Google share price fell on Tuesday. Alphabet Inc Class C stock was down by 0.33 per cent. Google today said it would invest $6.41 billion in Germany in 2029. Google’s planned 5.5 billion euro investment in its German cloud infrastructure will secure 9,000 jobs in the country, a senior Google official said on Tuesday, Reuters reported.
Google’s investment is seen as a push to expand its infrastructure and data centre capacity in Europe’s largest economy. The plans include a new data centre in Dietzenbach, close to Frankfurt, Google said, according to information it provided ahead of a press conference in Berlin.
“The economic multiplier effect of this investment will be considerable,” Philipp Justus, the head of Google in Germany, said at…
