Shares of (NASDAQ: GOOGL) (NASDAQ: GOOG) charged sharply higher in 2023, soaring 58%, according to data provided by S&P Global Market Intelligence. The rally was in sharp contrast to its performance in 2022, when the stock plunged 39%.

While the company no doubt benefited from the improving economy, it was Alphabet's latest foray into artificial intelligence (AI) that has investors most excited.

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Source Fool.com