Alphabet (GOOG) (GOOGL) stock has been on fire this year, and even Cathie Wood’s ARK Invest is piling in. Shares recently hit new all-time highs, driven by a wave of AI excitement, from Google’s highly praised Gemini 3 model to reports that Meta may rent Google’s AI chips.
The stock is flirting with a $4 trillion market cap, up roughly 70% year-to-date (YTD). In late November, ARK picked up another chunk of GOOG shares just as the rally accelerated. Recent filings show she bought 174,293 shares worth around $56 million.
