
Move aside Nvidia, Google is the market’s new favorite Mag 7.
The search company stock, left for dead as the AI story took off, is now up over 70% this year – and double its April lows.
In each of the past four months, shares have gained at least 10% – a first-time feat:

Google shares have soared at least 10% in each of the last four months. (Source: Barchart)
The question investors should ask themselves isn’t whether this trend is sustainable – it isn’t.
Instead, they should ask if the $2 trillion increase in Google’s market cap has sucked capital away from other promising parts of the market – and if so, where investors can expect a rally when Google reverses.
~ Addison
P.S. The AI story is still driving prices on Wall Street. And remains part of President Trump’s Great Reset plan – likely to drive market volatility through midterms next year. Our thesis is holding up well. Google’s quick rally gives you another opportunity to “panic now” and take some profits off the table.
This Thursday @ 2pm EST/11am PST on Grey Swan Live! we’ll be joined by Bonner Private Research’s Dan Denning to identify key sectors likely to benefit from an early “Santa Rally” when the Fed cuts rates on December 10, 2025. And how you should position your overall portfolio to benefit from the economic incentives the Trump administration will put in place ahead of the 2026 midterms.
If you have requests for new guests you’d like to see join us for Grey Swan Live!, or have any questions for our guests, send them here.



