Alphabet Eyes First Yen Bond Sale to Back AI Push

Alphabet is reportedly exploring its first Japanese yen-denominated bond issue to diversify funding for its growing AI investments. The potential sale would likely be senior unsecured bonds and depends on market conditions, with Mizuho, Bank of America, and Morgan Stanley leading the mandate. The move follows sizable recent bond issuances and a raised AI-capex outlook, while GOOGL stock trades slightly lower in premarket trading and analysts remain broadly positive.