Alphabet Stock Hits All-Time High on Gemini 3 Momentum
Shares surge 6.3% as investors bet on Google’s "AI Comeback" against competitors
Shares of Alphabet Inc. (GOOGL) rallied to a record closing high of $318.66, gaining 6.3% in a single session. The surge added billions to the company’s market capitalization, pushing it closer to the $4 trillion threshold, as Wall Street signaled renewed confidence in Google’s position in the generative AI arms race.
The "Gemini 3" Catalyst
The rally was primarily driven by the market's delayed but enthusiastic reaction to the full rollout of Gemini 3. * Product Validation: Investors view the model's deep integration into the Android and Search ecosystems as a formidable defensive moat against OpenAI's encroachments. * Technical …
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