Group 1 - The U.S. economy has produced nine companies with valuations of at least $1 trillion, with four, including Alphabet, reaching the $3 trillion club [1][2][7] - Alphabet officially joined the $3 trillion club on September 15, driven by advancements in artificial intelligence and a significant stock price increase [2][7] - Alphabet is projected to generate a record $394 billion in total revenue in 2025, with Google Search expected to contribute more than half of that revenue [4][6] Group 2 - Concerns arose when AI chatbots like ChatGPT became mainstream, as they were thought to potentially divert traffic from Google Search [5][8] - In response, Alphabet developed a series of large language models called Gemini and introduced a new feature, AI Overviews, to enhance Google Search [6][8] - AI Overviews are utilized by over 2 billion users monthly and generate advertising revenue comparable to traditional Google Search outputs, thus not harming the core business [7][8]
Meet the Unstoppable Stock That Just Joined Nvidia, Apple, and Microsoft in the $3 Trillion Club