Alphabet (GOOG.US, GOOGL.US) surpasses earnings expectations, stock reaches historic highs; analysts unanimously bullish on its AI and cloud businesses.

According to the financial news app, Google's parent company Alphabet (GOOG.US, GOOGL.US) saw its stock price reach a new high of $291.93 on Thursday. The company's performance in the third quarter exceeded market expectations, with profits exceeding analyst forecasts by over 20%. Alphabet's stock has been on the rise since the beginning of the year, increasing by more than 44% from the range of $140 to $150 at the start of the year.