Why Alphabet Rallied Today

Shares of Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) rallied as much as 3.3% on Wednesday, before settling into a 2.4% gain as of 3:11 p.m. EDT.While not a tremendous move, the gain is notable since Alphabet's stock had already been riding high after a 65% gain in 2025 and another 5% gain in early 2026. Today's move may have been sparked not only by the rolling back of tensions between the Trump Administration and NATO over Greenland, which led to a sell-off yesterday, but also by comments made by Google DeepMind founder Demis Hassabis yesterday at the Davos World Economic Forum regarding Google's newfound competitiveness in the artificial intelligence race.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool