Eseandre Mordi
⬤ Alphabet's Class A shares (GOOGL) are holding a strong uptrend on the weekly chart, with price action moving toward the top of its multi-year range. The pattern shows consistent higher highs and higher lows—momentum that's been building steadily rather than spiking overnight. Among big tech names, Alphabet stands out because its AI bets are already showing up in actual results, not just promises about what's coming.
⬤ The weekly chart reveals steady climbing with shallow pullbacks that quickly get bought up. Search and YouTube continue doing the heavy lifting, bringing in reliable revenue while AI features roll out across ads and content. The market's been rewarding this mix of proven platforms plus real AI improvements, which shows up clearly in the price structure.
⬤ Google Cloud's becoming a bigger part of the story. AI demand there is translating into actual backlog and growth, not just speculation. Alphabet's valuation reflects businesses that are already operating and generating revenue—which lets GOOGL ride the AI wave without hitting the stretched valuations you see in some other tech stocks.
⬤ What makes this trend significant is how it shows AI strengthening existing business models instead of disrupting them. Real products, steady cash flow, and expanding AI use cases have kept this uptrend alive. With strong earnings expectations in play, Alphabet's performance continues shaping how the market separates AI growth backed by actual results from stories built purely on future potential.
Eseandre Mordi
