Huan Qiu Wang Zi Xun·2025-09-16 04:48Core Insights - Alphabet's stock price surged by 4.3% to $251.76, marking its market capitalization surpassing $3 trillion for the first time, making it the fourth tech company to join the "trillion-dollar club" after Nvidia, Microsoft, and Apple [1] - Since the stock price low in April 2025, Alphabet's market value has increased by over $1.2 trillion, reflecting a cumulative growth of more than 70%, significantly outpacing the S&P 500's 12.5% increase during the same period [1] - The rapid deployment of Alphabet's self-developed Gemini large model in advertising and cloud services is noteworthy, with cloud revenue reaching $13.6 billion in Q2 2025, a 32% year-over-year increase [1] - A recent U.S. court ruling determined that Alphabet does not need to divest its Chrome browser and Android operating system, only requiring the sharing of some search data, alleviating investor concerns regarding potential business breakups [1] - Following the court ruling, Citigroup raised Alphabet's target price from $225 to $280, suggesting that the reduction in regulatory risk premium will unlock long-term value [1]