TradingKey – Alphabet closed at $347.33 on September 17. This is a 1.30% gain from its previous closing price of $342.87. We may expect an intraday price reversal to $347.39. The Alphabet stock has broken above the $327.76 to $333.74 support area and is above the $341 and moving average near $342.86. Looking at Alphabet’s fundamental factors, we may consider the upside potential. Positive factors for Alphabet include the recent ad-tech legal relief and Alphabet’s strongest growth engine, Google Cloud.
Google Cloud Is the Strongest Growth Engine
During Alphabet’s Q2 2026, Google Cloud revenue increased 82% year over year to $24.77 billion and accounted for roughly 21% of the total revenue mix. Cloud operating income was $8.81 billion,…
