How Google proved it 'still has its mojo' in 2024

Published On Dec 30, 2024, 6:00 AM

Google's parent company, Alphabet, has seen a notable surge in its stock this December, rising 14% and showing strong resilience despite antitrust pressures and competition in the AI space. Its stock performance has benefitted from advancements such as a significant quantum computing breakthrough and the decline of a competitor in the robotaxi market. Analysts are increasingly optimistic about Google's ability to leverage its AI capabilities, particularly through its revamped search product, 'AI Overviews'. The company's recent innovations suggest a robust long-term growth trajectory, further boosting investor confidence.