Alphabet Inc. $GOOGL Shares Purchased by Nan Shan Life Insurance Co. Ltd.
Market Beat·
- Nan Shan Life Insurance Co. Ltd. boosted its position in Alphabet Inc. by 2.7% in the 2nd quarter, holding 615,674 shares valued at $220,023,000.
- Alphabet reported strong financial results for the quarter with $9.11 EPS and revenue of $119.80 billion, surpassing analysts' consensus expectations.
- The company recently secured a 22-year nuclear power agreement and completed its acquisition of AI startup Mechanize for over $1.5 billion.
