Alphabet (GOOGL) Surges 5.5%: Is This an Indication of Further Gains?
Alphabet(GOOG) ZACKS·2024-12-12 15:46
Alphabet (GOOGL) shares ended the last trading session 5.5% higher at $195.40. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 2% gain over the past four weeks.Alphabet is riding on strong cloud and search growth. Google Cloud is benefiting from accelerated growth across AI infrastructure, enterprise AI platform Vertex, generative AI (Gen AI) solutions and core Google Cloud Platform products.This internet search le ...