GOOGL is trading at $317.35 (+3.89%) in pre-market as global markets surge following a US-Iran ceasefire and the reopening of the Strait of Hormuz.
- The NASDAQ is up 3.31%, tracking massive overnight gains in Asia where the Nikkei rose 5.5% and the Kospi jumped 7.1%.
- Oil prices have plunged 15% on the geopolitical de-escalation, significantly boosting futures and investor sentiment.
- No company-specific catalysts or earnings reports were found for Alphabet to explain the price action.