As the Google parent company edges closer to a $4 trillion market capitalization, a new bull cheers AI advantages that can keep the rally going.

Alphabet Inc. (NASDAQ:GOOGL) is one of the Magnificent Seven stocks Jim Cramer recently reviewed. Cramer highlighted his regret after selling the stock for the Charitable Trust in 2025.

There is high-level political support for self-driving technology like Waymo's.

Tech shares have been stumbling lately, but Alphabet is a glaring exception. Shares of the Google-parent were up about 1% Thursday–on pace for their first record close since late November–even as the information technology sector of the S&P 500 was down more than 1.

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) is on pace to top the 2025 Magnificent Seven leaderboard, but investors who looked beyond U.S. tech found even richer returns across eight different global equity markets.

Google Cloud, Alphabet's cloud computing unit, will remain a key segment to watch. It has consistently grown its revenues by 30% or more year over year, making it one of Alphabet's fastest-growing divisions. Maintaining that type of pace will be key to the company's success in 2026.

Lockheed Martin and Northrop Grumman rally after President Donald Trump says he would hike the defense budget to $1.5 trillion next year.