
Google’s parent, Alphabet Inc, valued at more than $1 trillion
Al JazeeraAlphabet Inc. hit a milestone on Thursday, as a rally in the stock took it above a $1 trillion valuation for the first time, solidifying the dominance of technology and internet stocks as the biggest titans of Wall Street. Globally, the list is topped by Saudi Aramco, Saudi Arabia’s national oil company, which went public last month and currently has a market cap of about $1.8 trillion. Amazon.com Inc. flirted with the level last year, but the e-commerce company would have to rise more than 7% for its current valuation of $931.1 billion to return above $1 trillion. Among recent commentary, Evercore ISI raised its price target on the stock to $1,600 from $1,350, writing that it expects the company will continue “to compound on its defensible dominance in Search and video advertising with YouTube.” Earlier this week, Deutsche Bank raised its own target to a Street-high view of $1,735, writing that the stock “trades too cheaply.” The firm cited more ad product launches, an expanded stock buyback program, and “improving competitiveness in the Cloud business.”
History of this topic

Google buys Wiz: Backer Sequoia Capital to reap 25-fold return from the deal
Hindustan Times
Google Parent Entity, Alphabet, Agrees To Acquire Cybersecurity Start-Up Wiz For $32 Billion: Report
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The Independent
Apple approaches historic $4 trillion valuation, it is now also ahead of Nvidia and Microsoft
India TodayGoogle-parent Alphabet hits record high after Trump taps Andrew Ferguson as FTC chair
The Hindu
Google's biggest bet is AI for search, investment chief says
The Hindu
Wall Street today: US stocks open mixed; Google rises over 4%, Oracle slumps 8%
Live Mint
Alphabet beats sales estimates on Google Cloud growth, revenue jumps to $74.6 billion and shares rise 5%
Live MintGoogle’s corporate parent still prospering amid shift injecting more AI technology in search
Associated Press
Amazon becomes the 5th U.S. company to reach $2 trillion in stock market value
NPRAmazon joins exclusive club, crossing $2 trillion in stock market value for the first time
Associated Press
Here's how much Google's parent company, Alphabet, earned per second in first 3 months of 2024
India TV News
Alphabet surpasses USD 2 trillion market cap: All you need to know
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Associated Press
Google parent Alphabet ad revenue disappoints, CapEx up; shares sink 6%
Live Mint
Microsoft hits $3 trillion market value, briefly surpasses Apple Inc as world's most valued company
Hindustan TimesGoogle-parent Alphabet's cloud division misses revenue estimates, as Microsoft’s cloud booms
The Hindu
Google-parent Alphabet reports better than expected earnings
Live Mint
Google shares drop $100 billion after its new AI chatbot makes a mistake
NPR
Alphabet posts lower Q4 profit amid ad squeeze, competition
Associated Press
Google parent company Alphabet announces nearly 12,000 job cuts worldwide
Hindustan Times
Google's Parent Firm Alphabet To Cut 12,000 Jobs Globally: Report
ABP News
Google parent Alphabet to cut 12,000 jobs, over 6% of its global workforce
Live MintAlphabet links more of CEO Pichai's pay to performance
The HinduGoogle parent Alphabet's miss fans inflation fears across digital advertising
The HinduGoogle-parent Alphabet misses estimates for quarterly revenue
Live Mint
Alphabet’s revenue miss fans fears of economic slowdown
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The Hindu
Google’s parent reports slowest quarterly growth in 2 years
Associated PressGoogle's parent reports slowest quarterly growth in 2 years
The Independent
Alphabet plans rare 20-for-1 stock split to lure Google shares to masses
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The Hindu
Alphabet brings big stock splits back to market
Al Jazeera
Google’s Q4 ad sales soar again, parent plans to split stock
Associated Press
Google parent Alphabet beats earnings expectations
Al JazeeraApple becomes first company to hit $3 trillion market value, then slips
The Hindu
Google’s parent Alphabet breaches $2 trillion in market value
Al Jazeera
Alphabet’s stock jumps on beating sales forecasts, new $50-billion share buyback
LA Times)
Apple become first US company to reach $2 trillion market value
Firstpost
Apple becomes first US company to be worth $2 trillion
Live Mint
Apple becomes first US company to top $2 trillion in market value
Al Jazeera
Apple Is Worth $2 Trillion — 1st American Company To Hit Milestone
NPRApple is first U.S. company to be valued at $2 trillion
LA Times
Google parent borrowing $10 billion to help defy racial inequity
Live Mint)
Google Parent Alphabet Suffers First Revenue Loss in Company History Due to Covid-19 Fallout
News 18)
Alphabet shares fall as Google misses revenue target; YouTube revenue pegged at $4.72 bn
Firstpost
Google's parent company Alphabet is now worth $1 trillion, joins Apple, Microsoft and Amazon
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