TLDR
- Alphabet stock rose over 5% to hit a record high of $315.90, bringing its market cap to $3.82 trillion and nearing the exclusive $4 trillion club.
- The stock has surged nearly 70% this year, outperforming AI competitors Microsoft and Amazon.
- Warren Buffett’s Berkshire Hathaway took a stake worth over $4 billion in Alphabet, drawing investor attention.
- Alphabet avoided a forced Chrome browser sale after a court found its search business to be an illegal monopoly but didn’t order a breakup.
- Strong early reviews for Alphabet’s new Gemini 3 AI model and its growing cloud business have fueled the rally.
Alphabet shares climbed over 5% on November 24, reaching a record high of $315.90. The gain pushed the Google parent company’s market capitalization to $3.82 trillion.
The company now stands on the verge of joining an elite group. Only Nvidia, Microsoft, and Apple have previously reached the $4 trillion milestone.
Alphabet’s stock has gained nearly 70% in 2025. That performance beats both Microsoft and Amazon in the AI race.
The rally marks a turnaround for Alphabet. Many investors worried the company had fallen behind after OpenAI launched ChatGPT in 2022.
Those concerns have faded this year. Alphabet transformed its cloud business into a major growth engine.
The company also attracted Warren Buffett’s attention. Berkshire Hathaway purchased over $4 billion worth of Alphabet shares.
Steve Sosnick from Interactive Brokers noted the importance of Berkshire’s investment. He said the market tends to follow whatever Berkshire does.
Legal Challenges Resolved
Alphabet faced a court ruling earlier this year. A judge found its search business operates as an illegal monopoly.
However, the court stopped short of ordering a breakup. Alphabet avoided being forced to sell its Chrome browser.
The resolution removed a major uncertainty hanging over the stock. Investors had feared a potential dismantling of the company’s core assets.
AI Technology Drives Growth
Alphabet’s new Gemini 3 model has received strong reviews. The AI application reportedly outperforms competitors like OpenAI’s offerings.
The company benefits from technology it originally developed. Alphabet invented much of the underlying tech behind generative AI.
Analysts point to several strengths in Alphabet’s AI position. The company generates strong cash flow to fund development.
Alphabet also produces its own chips. These processors offer an alternative to Nvidia’s expensive hardware.
The company’s search business already integrates AI features. This gives Alphabet an existing platform to monetize new technology.
Wall Street remains bullish on the stock. Thirty-eight analysts cover Alphabet, with 31 rating it a Buy.
Only seven analysts recommend holding the stock. The average price target sits at $312.00.
Alphabet currently trades above that target. The stock closed at $318.57 on November 24.
Only Apple and Nvidia maintain larger market valuations than Alphabet. Both companies currently hold market caps above $4 trillion.
Berkshire Hathaway’s stake marks a rare tech investment for the firm. Buffett typically focuses on traditional businesses rather than technology companies.
Alphabet’s market cap reached $3.85 trillion as shares hit an all-time high of $318.57.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
