The original company of Google, the alphabet, is now priced at $ 3 trillion, only three other technical giants achieved: NVIDIA, Microsoft and Apple.
Alphabet share Over 4% received In value on Monday, the company allows the historic market capitalization of $ 3.03 trillion at the time of writing. Market capitalization Multiply the total value of a company by multiplying its share price by the number of outstanding shares.
The alphabet hit the $ 3 trillion mark only after two decades of Google First became public In 2004, and more than 10 years After his creation As the original company of Google.
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Alphabet’s market cap has increased significantly, more than 70%, from bottom of $ 1.8 trillion In AprilRecently, the value of the boom is partly partially earlier this month, the Department of Justice (Doj) v. Google has a mistake earlier this month, resulting in mild punishments suggested by Doj initially. The ruling increased the shares of the alphabet More than 20% In the last one month.
CEO of the alphabet beautiful Pichai. Photographer: David Paul Morris/Bloomberg via Getty Image
In the week after the ruling, the alphabet received $ 234 billion In the market cap. The company’s stock is more than 30% year-to-year. For reference, nasdaq is as a whole 15% For the year, copy CNBC,
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Wall Street typically views the alphabet stock favorably. Wall Street Analysts recommend buying stocks as more than 80% Monday Bloomberg,
The alphabet connects with other technical giants who made it at the $ 3 trillion club – and beyond. Apple achieved $ 3 trillion milestone June 2023While NVIDIA and Microsoft have taken it one step forward by passing the mark of $ 4 trillion.
NVIDIA acquires $ 3 trillion market cap June 2024 And later crossed the $ 4 trillion in early July, for a market cap $ 4.3 trillion At the time of writing. Meanwhile, Microsoft, hit the mark of $ 3 trillion January 2024 And passed $ 4 trillion point in late July, although its market cap has fallen $ 3.8 trillion At the time of writing.
In recent years, the alphabet has been focused on artificial intelligence, as the company attempts to compete with the meta, openi and other major players in the AI race. While announcing it Second quarter earnings In July, the alphabet mentioned that it was increasing its AI expenditure $ 75 billion $ 85 billion amid increasing demand for this Cloud and AI Services,
“AI is positively affecting every part of the business, running a strong speed,” the alphabet and Google CEO Sundar Pichai said in the earnings report.
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The original company of Google, the alphabet, is now priced at $ 3 trillion, only three other technical giants achieved: NVIDIA, Microsoft and Apple.
Alphabet share Over 4% received In value on Monday, the company allows the historic market capitalization of $ 3.03 trillion at the time of writing. Market capitalization Multiply the total value of a company by multiplying its share price by the number of outstanding shares.
The alphabet hit the $ 3 trillion mark only after two decades of Google First became public In 2004, and more than 10 years After his creation As the original company of Google.
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