Alphabet (NASDAQ: GOOG, GOOGL), the parent company of Google and YouTube, has seen its stock surge by 48% this year, largely driven by revenue growth in AI-powered sectors like Google Search and Google Cloud. With a current market capitalization of $3.4 trillion, Alphabet needs an additional 18% stock gain to reach a $4 trillion valuation, joining the ranks of Nvidia, Microsoft, and Apple. Analysts anticipate that Alphabet could achieve this milestone ahead of other companies. The impressive performance underscores the potential of AI in boosting revenues.
