News · Yahoo Finance

Alphabet (GOOG) Could Be a Key Rival to Meta in the Race for AI Assistants, Burke Wealth Says

Burke Wealth Management said its Focused Growth Strategy returned 10.8% net of fees in Q3 2026, versus a 2.3% gain for the S&P 500 Total Return Index, with a year-to-date return of 20.0% against 12.7% for the benchmark. The quarter benefited from a sharp recovery in enterprise software. In its Q3 letter, Burke said Alphabet (GOOG) is the only company with Meta's combination of AI talent, compute capacity and installed customer base, and expects an announcement from Alphabet shortly on agentic personal assistants. GOOG closed at about $317.28 on October 23, 2026, with a market capitalization of about $3.86 trillion and a one-month return of -6.99%.

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Alphabet Inc. (Class A)

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MarketUS stocks
SectorCommunication Services
IndustryInteractive Media & Services
Market cap$4.0T
Close on 10/23/2026320.25
Change that session-1.22%
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