Alphabet is knocking on the door of the exclusive $4 trillion club. On Monday, the parent company of Google saw its shares jump more than 5%, hitting a record high of $315.90. This surge brings the company’s total value to $3.82 trillion. If it crosses the line, Alphabet will join Apple and Nvidia as the only current members of this elite group.
The stock has skyrocketed nearly 70% in 2025, leaving AI rivals like Microsoft and Amazon in the dust. This marks a massive turnaround in sentiment. Just a short while ago, investors worried that Google had lost its edge to OpenAI and ChatGPT. Now, the company has proved the doubters wrong.
Several wins fueled this recent rally. Alphabet successfully turned its cloud division into a major moneymaker, a move that attracted legendary investor Warren Buffett. Early reviews for its new Gemini 3 artificial intelligence model are also glowing, proving Google still knows how to innovate.
Additionally, the company recently dodged a massive bullet in Washington. While a court labeled its search business a monopoly, the judge stopped short of forcing Alphabet to sell off its Chrome browser. This legal victory cleared a dark cloud that had been hanging over the stock.
Despite the excitement, some experts are flashing warning lights. They fear these sky-high prices look suspiciously like the dot-com bubble of the 1990s. There are also concerns about complex, circular deals happening between other players in the AI space.
However, most analysts remain optimistic about Google’s specific position. The tech giant generates massive piles of cash and builds its own custom computer chips, helping it avoid Nvidia’s high prices. Furthermore, they are successfully integrating AI directly into the search engine used by billions of people every day, securing their place in the future of the internet.
