Crypto & Forex May 1, 2026 0 Comments

Google’s stealth surge: How it’s closing in on Nvidia’s throne after a record-breaking earnings shockwave!

Ever wondered what it takes for a giant like Alphabet—yes, Google’s parent company—to nearly leapfrog the current AI titan, Nvidia? Well, buckle up, because Alphabet just dropped a bombshell earnings report that sent its market value soaring close to a staggering $4.65 trillion. After smashing Wall Street expectations with a 22% revenue jump to $109.9 billion and earnings per share hitting $5.11, Google’s stock nearly touched an all-time high. Meanwhile, Nvidia’s market cap has taken a slight tumble while Alphabet’s on a brisk 12% climb—turning what seemed like a distant race into a neck-and-neck sprint in the AI arena. What’s truly fascinating here is how Google Cloud’s 63% revenue surge and its massive $460 billion cloud backlog are reshaping investor perceptions, positioning Alphabet not just as an AI follower, but as a formidable challenger to Nvidia’s throne. So, is this the beginning of a new era in AI dominance, or just the calm before the next storm? Either way, it’s a compelling story that every investor and entrepreneur should watch closely. LEARN MORE

Google parent Alphabet is closing in on Nvidia after a blowout earnings report pushed its shares to a record high and lifted its market value near $4.65 trillion.

Google shares rose after the company beat Wall Street expectations, with Q1 revenue climbing 22% to $109.9 billion and earnings per share reaching $5.11. The rally sent the stock near $385 on Friday after touching an all time high near $386 earlier in the session.

The move puts Alphabet within striking distance of Nvidia, whose market cap sits near $4.8 trillion, according to CompaniesMarketCap data. Nvidia’s stock has fallen about 5% over the past week, while Google has gained more than 12%, narrowing the gap between the two AI heavyweights.

The earnings beat was driven by strength across Search and Google Cloud. Search revenue grew 19%, while Google Cloud revenue surged 63% to $20 billion as enterprise AI demand continued to accelerate.

Cloud backlog also nearly doubled to more than $460 billion, showing that investors are now treating Google less like an AI laggard and more like a direct challenger to Nvidia’s market dominance.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.