Google stock has surged over 60% in the last twelve months, fueled primarily by the aggressive integration of Gemini AI across its search and cloud ecosystems. Historically, Alphabet is no stranger to such momentum; the stock has seen 30% rallies in under two months during 2010 and 2024, and even twice eclipsed 50% gains in brief windows throughout 2025. If these historical precedents hold, upcoming catalysts could once again propel the stock to record peaks, offering substantial upside for investors.
worrying investors that its colossal bet on artificial intelligence may not pay off in the long run. The company reported spending roughly $130 billion on property and equipment in 2025. Analysts anticipated those expenses would reach about $150 billion this year. Chief Executive Officer Andy Jassy said the money predominantly would go toward the company's Amazon Web Services cloud unit, and most of that spending would be for AI workloads.
