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[BUSINESS] · United States, United Kingdom · 3 sources

Alphabet shares hit record high as AEGON UK and Resonant Capital increase stakes

AEGON Asset Management UK Plc raised its Alphabet Inc. (NASDAQ: GOOGL) holding by 4.9% in the fourth quarter, bringing its stake to 1,014,714 shares. Resonant Capital Advisors LLC also boosted its position, increasing its stake by 7% to 42,185 shares during the same period.

On May 14, Alphabet’s share price surged to about $402, marking the 17th intraday record of the year. The rally was driven by the launch of the new Googlebook laptop and continued growth in AI‑powered advertising and cloud services, reinforcing investor confidence.