Alphabet climbs after Google unveils Gemini 4 flagship AI model

** Google parent Alphabet's GOOGL.O shares rise 1.8% to $347.30 premarket, outperforming Magnificent 7 peers

** Google launches new top-tier AI model "Argon", which will be a part of its Gemini 4 lineup

** New model is larger in size than Google's previous line of advanced "Pro" models - GOOGL

** Scores higher than OpenAI's Astra and Anthropic's Opus on several industry benchmarks, but trails on some metrics, including two coding benchmarks - Co

** GOOGL is trading at 20.82 times expected earnings over next 12 months, well above the industry median of 11.67

** As of last close, GOOGL up nearly 9.9% YTD, compared to a 9.7% gain in the Roundhill Magnificent Seven ETF