{"id":151328,"date":"2025-11-24T14:56:13","date_gmt":"2025-11-24T14:56:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/151328\/"},"modified":"2025-11-24T14:56:13","modified_gmt":"2025-11-24T14:56:13","slug":"alphabet-hits-record-high-as-ai-momentum-accelerates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/151328\/","title":{"rendered":"Alphabet hits record high as AI momentum accelerates"},"content":{"rendered":"\n<p class=\"yf-1090901\">This article first appeared on <a href=\"https:\/\/www.gurufocus.com\/news\/3221353\/alphabet-hits-record-high-as-ai-momentum-accelerates?utm_source=yahoo_finance&amp;utm_medium=syndication&amp;utm_campaign=headlines&amp;r=caf6fe0e0db70d936033da5461e60141\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:GuruFocus;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">GuruFocus<\/a>.<\/p>\n<p class=\"yf-1090901\">Alphabet (<a href=\"https:\/\/finance.yahoo.com\/quote\/GOOGL\" data-ylk=\"slk:GOOGL;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">GOOGL<\/a>, <a href=\"https:\/\/finance.yahoo.com\/quote\/GOOGL\" data-ylk=\"slk:Financials;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Financials<\/a>) surged to a <a href=\"https:\/\/www.tipranks.com\/news\/alphabet-stock-googl-hits-record-high-at-299-66-whats-really-powering-the-rally\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:record close of $299.66 as investors responded;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">record close of $299.66 as investors responded<\/a> to stronger earnings, improving cloud demand and continued progress in artificial intelligence development. The stock has gained about 59% this year, with recent momentum driven by optimism around the company&#8217;s expanding AI capabilities.<\/p>\n<p class=\"yf-1090901\">Much of the market enthusiasm stems from Gemini 3, Alphabet&#8217;s latest AI model. Early testing indicates the system outperformed a competing model by 17% in code generation and instruction handling, while analysts highlighted faster reasoning and improved responsiveness.<\/p>\n<p class=\"yf-1090901\">The company also introduced a new version of its Tensor Processing Unit designed to handle larger AI workloads with far greater energy efficiency, a move expected to attract more enterprise cloud customers.<\/p>\n<p class=\"yf-1090901\">Waymo, Alphabet&#8217;s autonomous vehicle arm, added to the positive sentiment with plans to expand testing of its ride-hailing service in three more U.S. cities, broadening potential long-term revenue opportunities beyond advertising and cloud services.<\/p>\n<p class=\"yf-1090901\">Alphabet&#8217;s most recent quarterly results supported the rally. Earnings of $2.87 per share topped expectations, and revenue rose 16% to $102.35 billion<\/p>\n","protected":false},"excerpt":{"rendered":"This article first appeared on GuruFocus. Alphabet (GOOGL, Financials) surged to a record close of $299.66 as investors&hellip;\n","protected":false},"author":2,"featured_media":151329,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,1796,363,364,57311,111,139,69,145],"class_list":["post-151328","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-alphabet","tag-artificial-intelligence","tag-artificialintelligence","tag-gurufocus","tag-new-zealand","tag-newzealand","tag-nz","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/151328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=151328"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/151328\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/151329"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=151328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=151328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=151328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}