Google stock soars to 18-month high; Here's why

Alphabet Inc (NASDAQ: GOOGL), the juggernaut behind Google, emerged resilient in 2023, orchestrating a remarkable rebound in its stock price after grappling with challenges in 2022. Fueled by burgeoning interest in its artificial intelligence (AI) offerings, GOOGL surged alongside other tech titans, together propelling the S&P 500 to two-year highs. Notably, on December 20, while most mega-cap stocks succumbed to a broader market sell-off, Alphabet defied the trend. While the S&P 500 fell significantly, Alp ...