Google parent Alphabet is now a $1 trillion company

guest · Jan 16, 2020

Google parent Alphabet is now a $1 trillion company
The search giant (GOOG) is the fourth to hit a $1 trillion market cap
January 16, 2020
https://www.theverge.com/2020/1/16/...et-trillion-dollar-market-cap-apple-microsoft

Google’s parent company Alphabet ($GOOG) is now the fourth US company to hit a market cap of $1 trillion. It hit the number just before markets closed on Thursday, ending the day’s trading at $1,451.70 per share, up 0.87 percent.

Google CEO Sundar Pichai took over as CEO of Alphabet in December, after Google co-founders Larry Page and Sergey Brin relinquished control of Alphabet.
Alphabet is slated to report fourth-quarter earnings on February 3rd, and Wall Street analysts are expecting it to report revenue of $46.9 billion, a year-over-year uptick of almost 20 percent.

Apple was the first US company to hit a $1 trillion cap in 2018, followed later that year by Amazon (which has since dropped below that figure), and Microsoft hit the $1 trillion mark in April 2019.
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guest · Feb 4, 2020

Alphabet joins the trillion dollar club (Update: Already booted out of club)
February 4, 2020
https://www.androidauthority.com/alphabet-trillion-1075461/

Update, February 4, 2020 (02:44 PM ET): After just over two weeks, Alphabet no longer has a valuation of over $1 trillion (via Reuters). After its earnings report yesterday failed to wow investors, Alphabet is now trading at “just” $1,422 per share, or over $993 billion.

It is likely Alphabet will eventually re-enter (and possibly re-exit) the trillion-dollar club at some point in the near future. For now, though, the club is back down to just three current members: Apple, Microsoft, and Amazon.
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