Investors Rally Behind Alphabet Stock as Mark Benioff Endorses Gemini 3

Core Insights - Alphabet's stock has experienced significant growth, recently reaching a record high above $318, driven by strong earnings, a new investment from Warren Buffett, and the launch of the Gemini 3 AI model [2][3][7] Group 1: Stock Performance - Alphabet's stock rose by 6% in a recent session, contributing to a broader market increase [2] - The company achieved a market capitalization of approximately $3.8 trillion [3] - The stock has outperformed other major tech companies, known as the Magnificent Seven, amid concerns about an AI bubble [5] Group 2: AI Developments - The launch of Gemini 3 has garnered positive feedback, with Salesforce CEO Marc Benioff expressing excitement about its capabilities [4] - Analysts believe Gemini 3 provides Google with a competitive edge in the AI landscape, capable of performing a wide range of tasks [5] Group 3: Financial Highlights - Alphabet reported over $100 billion in revenue for the first time in a single quarter during its latest earnings report [8] - Berkshire Hathaway disclosed a new investment in Alphabet valued at over $4.3 billion as of the end of September [8]