Alphabet Inc． The stock price hit its biggest gain in two months on Wednesday as its latest release of the Gemini artificial intelligence model received a lot of praise, boosting investor confidence in the company's foothold in the rapidly changing technology field.
The stock rose as much as 6.9%, its biggest gain since early September and setting a new all-time high. As of 11 o'clock New York time, Alphabet call option trading volume exceeded 376,000 units, far exceeding the 20-day average of about 290,000 full-day trading volumes. The S&P 500 index rose about 0.5%, and the Nasdaq 100 index, which has a high proportion of technology stocks, rose 0.8%.
The Google parent company released the latest version of its Gemini artificial intelligence model on Tuesday to critical acclaim for its performance. The model’s strong performance contrasts with OpenAI’s GPT-5, which was released to mixed reviews earlier this year.
Robert W． Baird & Co． “Is Gemini 3 what GPT-5 should have been?” analyst Colin Sebastian wrote in a note to clients. He cited the version’s “extremely high reviews” and noted, “In addition to improving search engagement and monetization, Google has combined real-time web indexing with advanced model training technology, which we believe is its key competitive advantage.”
