Alphabet stock extends rally after strong Q3: why analysts see more upside ahead

Core Insights - Alphabet's stock (NASDAQ: GOOG) increased nearly 5% following a strong performance in its third quarter results, exceeding market expectations and generating positive investor sentiment [1] Financial Performance - The company reported third quarter results that significantly surpassed analyst forecasts, indicating robust financial health and operational efficiency [1] Market Reaction - The positive earnings report led to a surge in stock price, reflecting increased investor confidence and optimism regarding the company's future growth prospects [1]