Alphabet's Momentum Shows Signs of Rebound Amid Favorable Regulatory Developments
Alphabet's (GOOGL) recent strength suggests that sentiment toward the tech giant may be improving, potentially setting the stage for a broader rebound. Despite its momentum slowing down this year, GOOGL gained roughly 0.4% on Wednesday and was up another 0.5% in premarket trading on Thursday.
Berkshire Hathaway CEO Greg Abel has expressed confidence in Alphabet's AI position, calling it a winner in the rapidly evolving AI landscape. Berkshire added approximately $17 billion of Alphabet shares in the second quarter, making GOOGL its third-largest holding, with a stake of around $36.6 billion.
Google recently introduced Gemini 3.8 Flash, which brings significant improvements over its predecessor across software engineering, agentic tasks, and complex reasoning. The new model maintains the speed and low cost of its predecessor, with an introductory price of 75 cents per million input tokens and $3.75 per million output tokens.