Google hits fresh intraday high after brief surge to $330
Summary
Alphabet, Google's parent company, saw its shares briefly reach a new intraday record near $330 on Thursday, though they later retreated as the broader tech sector weakened. Traders are watching if the stock can close above its previous record of $323 set in late November. This recent rally has propelled Google past Apple to become the fourth-largest asset globally by market capitalization, valued at approximately $3.9 trillion versus Apple's $3.8 trillion. Investor interest has been bolstered by Warren Buffett's firm increasing its stake disclosed in November, leading to a 57% rise since then, alongside positive developments in artificial intelligence like the Gemini 3 model and Nano Banana image generation system.
(Source:Crypto Briefing)