Google Parent Alphabet Hits 2 Trillion In Market Value
This growth is “fueled by a rebound in spending on digital ads and growth in its cloud business,” the report says. “Alphabet is the top performer this year among the five biggest US tech stocks by sales.” Alphabet became only the third US company to hit the market value of $2 trillion, joining Apple and Microsoft in this exclusive club, though it has dropped below that figure since. Apple was the first to break this barrier, having achieved the milestone in April last year....