Core Insights - Alphabet Inc (Google) shares are experiencing significant gains, with a rise of over 4% in premarket trading following a 6.2% increase the previous day, potentially positioning the company to reach a $4 trillion market cap [2][3][9] Stock Performance - Over the past week, Alphabet shares have increased by more than 11.5%, and over the past month, they have jumped more than 22%. In the last six months, the stock has risen by over 87% [3][12] AI Influence - The recent surge in Alphabet's stock price is largely attributed to advancements in artificial intelligence, particularly the release of Gemini 3, Google's proprietary AI chatbot and LLM, which has received positive feedback for its performance [4][6] - Additionally, reports indicate that Meta is considering using Google's AI chips (TPUs) in its data centers, which could represent a significant financial opportunity for Google [6][8] Market Capitalization - As of the last market close, Alphabet's market cap was approximately $3.84 trillion, making it the third-most valuable company globally. A further increase in stock price could elevate it to a $4 trillion valuation, joining Nvidia, Microsoft, and Apple [9][10] Year-to-Date Performance - Alphabet has outperformed other companies in the "Magnificent 7" group, with a year-to-date increase of 87.79%, significantly higher than Nvidia (35.94%), Microsoft (12.46%), and Apple (10.18%) [12][15]
Google stock price is surging today as AI sets it up to become next $4 trillion giant. Here’s why