GOOGL is trading higher today, up 0.65% at $324.97, benefiting from a strong tech rally and broader market recovery despite the absence of company-specific news.
- The stock's movement aligns with overall market strength, as the NASDAQ is up 1.17%.
- Investor interest remains high, supported by upward earnings estimate revisions, including a +3.8% increase for the current quarter, and a Zacks Rank #3 (Hold).
- Today's gains follow a market recovery driven by renewed focus on AI spending, softening previous concerns regarding the $185B Q4 capital expenditure forecast.