Alphabet Stock Skyrockets to New Highs – AI and Cloud Frenzy Nears $3 Trillion
Alphabet Inc.’s stock has been on a tear through October. Monday’s close near $265 means shares are flirting with record territoryts2.tech. This follows an intraday high above $257 on Oct. 20ts2.tech, which briefly put Alphabet’s market cap into the elite $3 trillion rangets2.tech. Year-to-date Alphabet is up about 30%, far outpacing the S&P 500ts2.techts2.tech. As one market commentator put it, “It’s been a standout run for Alphabet,” driven by excitement around its AI projects and a revival in online advertisingts2.tech.
