Google Parent Company Alphabet Hits Trillion-Dollar Market Cap for First-Time

Google Parent Company Alphabet Hits Trillion-Dollar Market Cap for First-Time

Alphabet, the parent company of Google, has gained a market cap of $1 trillion. The feat marks crucial importance as it has become the fourth American company to reach the threshold. The tech giant hit the record just before market closure on Thursday by trading at $1,451.70 per share, up 0.87%. The news arrives during the transition period for Alphabet. Well, Alphabet’s share price rose all day and closed down at the highest value ever. Notably, it is following the lead of Amazon, Microsoft, and Apple, who have achieved the…

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