Stock Price Rally for Google Parent Alphabet Started After Antitrust Ruling
Ok, this is getting serious. We need to have a chat about Alphabet.
The Google parent has stormed the gates of the AI trade and is, for now at least, the hottest company in the sector.
Here’s what’s happened in just the past two weeks:
- Berkshire Hathaway revealed a significant stake in the company
- The company’s Gemini 3 chatbot was released to rave reviews
- The stock is up 17% in just seven days, helped by the two developments above
- That share move helped Alphabet surpass Microsoft as the world’s third-most-valuable company, putting it within shouting distance of top-ranked Nvidia and Apple
So if it feels like things escalated quickly, that’s because they very much did. But it can be argued that the seeds of the…
