Google’s parent company, Alphabet, joined an exclusive club on Monday as its market value crossed the $3 trillion mark for the first time.
The milestone came after a sharp rise in its share price, fuelled by investor enthusiasm over artificial intelligence and relief from a recent antitrust ruling. Class A shares jumped 3.8 per cent to $250, while Class C shares climbed 3.7 per cent to $250.40, both closing at record highs.
The surge cements Alphabet’s position as the year’s standout among Wall Street’s so-called “Magnificent Seven” technology giants. Its stock has gained more than 32 per cent in 2025, compared with a 12.5 per cent rise in the S&P 500 index.
“The momentum around Alphabet is undeniable,” said one market analyst, noting the company’s progress in rolling out new AI-powered products while keeping regulatory threats at bay.
Alphabet’s rise comes against the backdrop of an intense race among tech firms to dominate the fast-growing AI market. Investors have bet heavily on the company’s Gemini platform and its integration across Google’s search, cloud, and advertising businesses.
Adding to the optimism, the company recently secured a favourable ruling in a long-running antitrust case, easing fears of stricter regulatory curbs.
Alphabet now stands alongside Apple and Microsoft in the $3 trillion club, a reflection of both its financial power and the growing value investors place on AI.
Yet analysts caution that risks remain. Tech firms are facing heightened scrutiny worldwide over competition, data use, and misinformation. At the same time, the rapid buildout of AI is driving up costs, testing profitability even as revenues climb.
For now, though, Wall Street is celebrating. Alphabet’s latest rally underscores a simple truth: in the eyes of investors, the age of artificial intelligence is only just beginning.
About the Author
