Alphabet (GOOGL) stock hit a new high after unveiling AI model Gemini 3, boosting investor confidence. The tech giant reported its first $100 billion revenue quarter, driven by AI across search, advertising, cloud, and subscriptions. Berkshire Hathaway’s new stake in Alphabet adds to the bullish case for GOOGL, with shares already up 80% in six months.

Alphabet’s AI push is fueling long-term growth, with search revenue up 15% and new AI features enhancing user experience and commercial opportunities. The cloud segment saw a 34% revenue increase, with more billion-dollar cloud deals signed this year. YouTube ad revenue is up 15%, driven by AI-powered recommendation systems.

Alphabet’s expansion into enterprise AI with Gemini Enterprise is gaining traction, while the cloud segment is becoming a powerful profit engine. Analysts remain optimistic, expecting continued growth in core businesses. The highest price target for GOOGL stock is $350, indicating further upside potential for Alphabet as AI continues to drive its growth trajectory.

Read more at Yahoo Finance: As AI Propels Alphabet Stock Upward, GOOGL Nears $4 Trillion Valuation