Shares of Google parent Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) hit a new all-time high Monday, buoyed by a string of positive developments in its artificial intelligence and cloud computing divisions coupled with a favorable macroeconomic environment. Here’s what investors need to know.
What To Know: The rally follows several key announcements on Alphabet’s aggressive push into high-growth sectors. Last week, the company unveiled “Gemini for Government,” a competitively priced suite of AI and cloud services aimed at federal agencies, signaling a strong move to capture public sector contracts.
