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Alphabet Poised to Outperform in 2026 as Gemini Advances and Search Holds

The outlook calls for market-beating returns with slower momentum than 2025.

Overview

  • Yahoo Finance analysis projects gains below last year’s roughly 65% surge while still topping the broader market.
  • Gemini is described as a leading large language model, challenging rivals in tests and drawing more clients to build features on it.
  • Google integrated AI Overviews into Search, which helped preserve engagement rather than losing queries to standalone chatbots.
  • Search remained the revenue engine, generating $56.6 billion of $102.3 billion in Q3, according to reported results.
  • Antitrust risk eased after a federal judge imposed lighter remedies without ordering a breakup, requiring only relatively minor concessions.