Alphabet's Stock Surges on AI Breakthrough and Cloud Growth
Alphabet (GOOGL) stock surged over 112% in a year, outperforming the S&P 500 by nearly doubling. This growth was driven primarily by its rapidly expanding cloud division and enterprise AI solutions, which saw revenue jump to $20 billion in Q1 2026 with an impressive backlog of $462 billion.
Topics: AI backlog cloud computing revenue growth