Alphabet Inc shares rose 0.32% in pre-market trading to $403.94, extending a 3.94% rally from the previous session. The gains reflect broader technology sector optimism following a diplomatic summit in Beijing between President Trump and Xi Jinping.
- The delegation included major tech executives, sparking investor hope for the easing of semiconductor trade restrictions and improved energy supply chains.
- Market sentiment remains in the "greed" zone at 65.8 on the CNN Fear & Greed Index, despite recent macro headwinds from a 3.8% CPI reading.
- Alphabet is currently trading at $403.94 in pre-market, up from the May 13 close of $402.62.