Core Viewpoint - Alphabet's market capitalization has surpassed Apple's for the first time since 2019, reaching $3.88 trillion compared to Apple's $3.84 trillion [1][8]. Group 1: Market Performance - Alphabet's stock price increased by over 2% to close at $322.03, while Apple's stock has declined by over 4% in the past five trading days [8]. Group 2: Future Outlook - Alphabet is expected to achieve a strong rebound by the end of 2025, attributed to its successful development of a comprehensive AI ecosystem [8]. - The company released its seventh-generation Tensor Processing Unit (TPU) Ironwood in November 2025, which is seen as a strong competitor to Nvidia's products [8]. - In December, Google launched the Gemini 3 model, which received a positive market response, contributing to a projected 65% increase in Alphabet's stock price for the entire year of 2025, marking its best annual performance since the 2009 financial crisis [8]. Group 3: Business Growth - Alphabet's CEO Sundar Pichai highlighted the company's proactive response to the surging demand for AI, revealing that the number of deals worth over $1 billion signed by Google Cloud in the first three quarters of 2025 has exceeded the total from the past two years [8].