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Google stock hits 52-week high at $349.08 By Investing.com
Google’s stock achieved a new 52-week high of $349.08, with shares currently trading at $349.62 and a market capitalization of $4.21 trillion, reflecting a 113% surge over the past year for Alphabet Inc Class A. This stellar performance is driven by investor confidence in the tech giant’s innovation in cloud computing and AI, strong financial health with more cash than debt, and a “GREAT” financial health score, according to InvestingPro. The company also faces an expanded antitrust investigation in Brazil but continues its technological advancements through partnerships like Google DeepMind’s collaboration with South Korea on the K-Moonshot project.