Alphabet Inc. (NASDAQ:GOOGL) is now in the middle of its hottest run since the company first hit Wall Street, with shares rising nearly 5% to $286 on Thursday morning—marking a 63% rally over the last four months, its strongest performance since the early months of its 2004 IPO.
The surge follows a blockbuster third-quarter report and swelling analyst confidence that Alphabet's AI momentum is accelerating and far from priced in.
