Alphabet Hits $3 Trillion Market Cap Amid AI and Cloud Growth Surge

Alphabet Inc. (GOOGL) breached the $3 trillion market capitalization threshold for the first time, fueled by a 3.5% stock surge on Monday. The Google parent joins an elite club of tech giants—Apple, Microsoft, and Nvidia—as only the fourth company to achieve this milestone. The rally follows a favorable federal court ruling in its antitrust case, eliminating the need to divest its Chrome browser.

The company’s cloud computing division reported a 32% revenue jump in Q2, outperforming estimates. This acceleration reflects payoffs from Alphabet’s strategic bets on custom chips and its Gemini AI model. Wall Street has responded with bullish price target upgrades, including Citi’s street-high adjustment to $280 from $225, citing improving legal clarity and AI adoption across ads and cloud services.

Analysts project sustained momentum for GOOGL, with shares up 22% monthly. The stock now trades NEAR record highs as institutional confidence grows in its dual engines of AI innovation and cloud scalability.