Alphabet Stock Skyrockets on $100B Quarter: Google’s AI Bet, Big Earnings & What’s Next
Alphabet shares traded near $280 on Nov. 4, 2025, close to record highs after Q3 earnings beat forecasts, with revenue up 16% to $102.3 billion and net income at $35 billion. Google’s ad revenue rose 13% to $74.2 billion, while Google Cloud jumped 34% amid surging AI demand. A U.S. antitrust ruling let Alphabet keep control of Android and Chrome. The company raised 2025 capex to up to $93 billion for AI and data centers.