Alphabet Joins $3 Trillion Club as AI Optimism Fuels Rally
Alphabet Inc. has cemented its position among tech's elite, becoming the fourth company to reach a $3 trillion market valuation. The Google parent's shares have surged 17% in September alone, buoyed by a favorable antitrust ruling and growing enthusiasm for its AI integration across advertising and cloud services.
The stock's technical trajectory suggests continued momentum, with bullish price targets at $261 and $286.53. Support levels at $215 and $201 will be critical watchpoints as institutional investors assess whether Alphabet can maintain its premium valuation.
While the article focuses on traditional equities, the underlying themes of AI adoption and antitrust developments have parallel implications for crypto projects building in decentralized search, advertising tech, and cloud infrastructure.