Alphabet is buying Intersect: is it a buy signal for GOOGL shares?

Alphabet Inc (NASDAQ: GOOGL) is in focus today after announcing plans to acquire Intersect, a leading clean energy and data centre infrastructure firm based in San Francisco, CA. Integrating Intersect's clean power generation capabilities with its cloud infrastructure will enable Google to scale more efficiently while reducing exposure to volatile energy markets. The acquisition also strengthens its ESG profile – appealing to institutional investors increasingly focused on sustainability. Beyond optics, the ...