Alphabet’s AI Power Drives Biggest Quarterly Gain in Nearly 20 Years
Alphabet is riding a wave of excitement. The parent company of Google just posted its largest quarterly gain since 2005, thanks to the strength of its AI strategy. Shares of both Class A and Class C stock jumped about 38 percent in the quarter. The rally signals that markets are now treating Alphabet’s AI as a core value driver, not just a future bet.
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