Shares

Alphabet (GOOGL) Leverages AI to Accelerate Geothermal Energy Development

Published by
Written By: Lilly Mwogah
Share
    Summary:
  • Alphabet stock analysis: Key levels, RSI, and MACD insights. Is it a good buy now? Find out why GOOG remains a long-term winner.

Alphabet Inc. (GOOGL), the parent company of Google, is making waves in the clean energy sector by harnessing its cutting-edge AI tools to drive the adoption of geothermal energy. In a groundbreaking partnership with oilfield services giant Schlumberger (SLB) and nonprofit organization Project Innerspace, Google Cloud is set to revolutionize how geothermal resources are identified and developed worldwide.

Alphabet Stock Chart Analysis – Key Levels to Watch

Resistance Levels:

  • 179.88 – Immediate resistance; a break above this could push the stock higher.
  • 183.87 – 193.15 – A crucial supply zone where selling pressure may emerge.
  • 202.35 – 208.90 – Strong resistance; a breakout above this range could confirm bullish momentum.

Support Levels:

  • 169.45 – Holding above this level could prevent further downside.
  • 161.75 – A key support level; breaking below could trigger more selling.
  • 149.40 – A critical demand zone; failure to hold could indicate deeper weakness.
Google share price today March 7, 2025

Alphabet’s Push Into Sustainable Energy

Alphabet’s funding in geothermal energy forms a component of its wider drive for sustainable technology and AI-enhanced innovation.
Alphabet strengthens its status as a frontrunner in renewable energy advancements, employing AI to unveil fresh possibilities worldwide.

Is Alphabet a Good Buy Now?

  • Bullish Case: GOOG’s oversold RSI and strong fundamentals (AI leadership, ad revenue growth) make it attractive for long-term investors.
  • Bearish Case: MACD signals weak momentum; a break below $200 could lead to further downside.

This post was last modified on Mar 07, 2025, 09:13 GMT 09:13

Written By: Lilly Mwogah

Lilly Mwogah is a finance writer specializing in cryptocurrencies, forex, and indices. Passionate about simplifying complex financial topics, she creates engaging content for a broad audience. With a solid grasp of market trends and economic indicators, her work informs and empowers readers to navigate the dynamic finance world.

Published by
Written By: Lilly Mwogah