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Alphabet (GOOG) Stock Surges to 3-Month High on AI Optimism

Alphabet (GOOG) Stock Surges to 3-Month High on AI Optimism

Global Cryptocurrency
Release Time:
2025-05-22 21:11:01
0

Alphabet shares climbed 4% to $175.27 during Thursday’s session, marking a second consecutive day of gains and reaching levels unseen since February. The rally follows the tech giant’s AI-focused announcements at its developer conference, including a nationwide rollout of ’AI Mode’ and a new $249.99/month premium subscription tier.

Despite the recent uptick, GOOG remains 7% down year-to-date as big tech continues betting heavily on artificial intelligence infrastructure. Bank analysts have responded favorably to Alphabet’s strategic positioning in the AI arms race alongside peers like Microsoft and Apple.

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