📈 Alphabet Joins US$ 4 Trillion Club Amid AI Surge

Alphabet hit a historic US$ 4 trillion market valuation on Monday, reclaiming its position as the world’s second most valuable company. The milestone reflects a massive shift in investor sentiment, with the stock surging 65% in 2025—outperforming its "Magnificent Seven" peers. • Overall Performance & Valuation Alphabet's market cap briefly touched the US$ 4 Tn mark as Class-A shares hit a record high of US$ 334.04. It is now the fourth company to reach this milestone, following Nvidia, Microsoft, and Apple. • Strategic Sector Highlights Artificial Intelligence (AI): Sentiment was bolstered by a landmark multi-year deal where Apple will base its next-generation AI models and Siri on Google's Gemini. Cloud Computing: Revenue for the cloud unit jumped 34% in Q3, supported by a backlog of unrecognized sales contracts totaling US$ 155 Bn. ICT & Hardware: Growth is further accelerated by renting proprietary AI chips to external firms, with Meta reportedly in talks for a multi-billion dollar deal starting in 2027. • Market Outlook The company successfully allayed concerns over its AI strategy through the launch of Gemini 3. Regional momentum remains strong, with Samsung planning to double its Gemini-powered mobile devices this year. Core advertising revenue remains steady despite global economic uncertainty. • Regulatory Context A September court ruling against breaking up the company—allowing it to retain control of Chrome and Android—has further stabilized the stock’s growth trajectory.