Alphabet nears $4 trillion valuation, set to join exclusive club. Shares hit record high of $315.9, up 70% this year, outperforming Microsoft and Amazon. Only Nvidia and Apple have previously hit $4 trillion. Surge reflects renewed investor confidence in AI-driven growth and cloud business success.
Alphabet’s momentum fueled by AI edge, cloud business growth, attracting Berkshire Hathaway investment. Google shares rally amid Big Tech antitrust scrutiny. Market fears of surging valuations detached from business fundamentals, reminiscent of dot-com bubble. Google well-positioned in AI race with strong cash flow, in-house chips, and integrated AI search business.
Analysts highlight Google’s strengths in AI race, including cash flow, in-house chips, and integrated search business. Circular deals involving OpenAI and Nvidia amplify market fears of a bubble. Google’s success reflects investor confidence in AI-driven growth and cloud business success. Market fears of surging valuations detached from business fundamentals persist amid Big Tech antitrust scrutiny.
Read more at Yahoo Finance: Alphabet races toward $4 trillion valuation as AI-fueled gains accelerate
