Alphabet (GOOG) (GOOGL) has been one of the best-performing mega-cap tech stocks over the past year, with shares soaring 111.46%. By comparison, Amazon (AMZN) has gained just 16%, while Microsoft (MSFT) has declined 15.83% during the same period.
While Alphabet stock has more than doubled, the tech giant’s recent quarterly results suggest the rally may be far from over. Alphabet's aggressive AI investments are already driving business gains and revenue backlog through stronger user engagement in Search, advertising efficiency, and accelerating adoption of Google Cloud services.