We think few startups of the year are better off Alphabet, Google's parent company, than the fourth company in history reach trillion dollars in stock market. The conglomerate, which does not rely heavily on advertising, joins Microsoft, Apple and Amazon.
Google's landmark category was expected after the impressive stock market growth the company has seen in recent months. As reported by Reuters, Alphabet ended the Thursday session with a 0.76% increased its value in shares, so it amounts to billions of dollars in valuation.
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Google (Alphabet) is up to a billion dollars
January 16, 2020, has become one of the most important days in the history of Alphabet, Google's parent company. After a 0.76% increase on Thursday, the company surpassed $ 100 trillion of market capitalization join three other companies The Standard & Poor & # 39; s 500 index that it has received so far: Microsoft, Apple and Amazon.
With this historic figure, the Alphabet continues the steady growth that has had a star over the past three months, and now it reaches 17%. The good news of Sundar Photosi, who remains one of the great moments of great technology just a month after becoming Alphabet's CEO (it was already Google).
After reaching trillions of dollars to watch, Google still has a tough journey ahead if it wants to continue to maintain such a title. For example, he has done it Amazon, which, after becoming the third company in history with a multimillion-dollar market capitalization in September 2019, is currently under this constraint.
Not at all Apple, the first reaching a trillion dollars by August 2018, or Microsoft, second by doing this in April 2019. The two companies are still worth over a trillion dollars in stock market calculations, a milestone they now share with Alphabet.
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