Alphabet Stock Skyrockets to Record High Ahead of Q3 Earnings, Nears $3 Trillion Valuation
Alphabet Inc. shares closed at a record $256 on October 20, 2025, pushing its market value near $3 trillion. The company plans over $24 billion in new AI infrastructure spending and is set to report Q3 earnings on October 29. A U.S. judge declined to break up Google’s core business last month, while U.K. and U.S. regulators imposed new oversight measures. Wall Street analysts raised price targets, citing strong AI and cloud growth.