Alphabet Inc. (NASDAQ:GOOG) has rapidly transformed its narrative on Wall Street, shifting from a tech giant facing threats from artificial intelligence (AI) to a leading contender in the “AI King” race. Underlying this transformation is evolving investor sentiment, as highlighted by Landon Swan, co-founder of LikeFolio. Since its April lows around $140, Alphabet’s stock has surged over 120%, benefiting from the newfound perception of AI as an opportunity rather than a threat.
Central to this resurgence is Gemini, Alphabet’s response to OpenAI’s ChatGPT. Despite ChatGPT’s dominant market share of 85%, Gemini has seen user interest grow by over 300% year-over-year. Google’s integration of Gemini into its search engine strategy is driving this momentum. Furthermore, Google Cloud’s revenue is growing at 34% annually, and YouTube dominates with 13% of U.S. TV time. In 2025, GOOG shares are up 64.78%, outperforming its peers, suggesting a strong bullish trend for Alphabet.
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