Alphabet nears $4 trillion as AI-driven rally pushes shares higher
Google rides the AI wave as investors rush in, pushing the tech giant toward a historic milestone.
Alphabet, the parent company of Google, saw its shares hit a record $315.9 on Monday, bringing its market value to $3.82 trillion and putting it on the brink of joining the exclusive $4 trillion club. The stock has surged nearly 70% this year, outperforming AI rivals like Microsoft and Amazon.
The rally comes as Alphabet capitalizes on the AI boom, turning its cloud business into a growth engine, attracting investment from Warren Buffett’s Berkshire Hathaway, and earning early praise for its Gemini 3 AI model. Analysts say Google is well-positioned in the AI race thanks to strong cash flow, in-house chips, and a dominant search business already benefiting from AI integration.
Still, some experts caution that soaring valuations could be detached from fundamentals, raising concerns about a potential market bubble reminiscent of the dot-com era.
UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.
Sign up for free to ask the AI about this article.
Growth, inflation and rates across the major economies, with the impact on your business.