Alphabet, parent company of Google, has seen its stock rise, with it recently hitting a landmark of a $3 trillion market capitalization after various positive developments. Google's antitrust inquiry in China has ended, and high-profile analysts have reinforced that the search giant's dominance is unchallenged, adding to the company's attractiveness to investors. Furthermore, there are extensive stock movements with several entities buying, increasing, and reducing their stakes in the company. The company's AI trajectory is being compared to the Dot-Com bubble, suggesting a potential surge or fall.
Alphabet also made a significant move in the blockchain space, which could impact other digital assets such as XRP. There is growing anticipation of a price target of $240 after a breakout. Google's significant UK investment and a new data center project are underway.
Alphabet's Google Cloud service also reported a $58B revenue backlog, much to the delight of investors. Beijing's decision to drop its probe into Google is another strategic win, and the company's AI investment in the UK was disclosed ahead of a presidential visit. Lastly, Google Chrome's recent decision has been dubbed transformative.
Alphabet GOOG News Analytics from Tue, 26 Aug 2025 07:00:00 GMT to Sat, 20 Sep 2025 23:13:11 GMT -
Innovation 7
- Information 6
- Rumor 2
