Alphabet, the parent of Google, hits a $2 trillion market cap with a 19% share increase in 2024.

The surge attributed to a new dividend, strong earnings, and institutional investor support.

Record revenues in advertising and cloud computing, with Q1 revenue at $80.5 billion and operating profit up 46%.

YouTube ad revenue up by 21% and Google Cloud's operating profit hits a $900 million record.

Aggressive stock buyback program and a modest dividend introduced, sparking renewed interest in AI and tech stocks.

Alphabet's Gemini AI poised to boost growth and drive Nvidia AI server purchases, potentially lifting NVDA stock.

Analysts remain optimistic about Alphabet's long-term prospects, with CEO Sundar Pichai emphasizing Google Cloud and AI potential.

Alphabet's stock maintains a 'top pick' rating, suggesting strong buy pressure and solid fundamentals.