Google hits $2 trillion market cap, joining ranks of Microsoft and Apple

Sharing is Caring!

Google parent company Alphabet (GOOG, GOOGL) briefly hit a market capitalization of $2 trillion on Monday, less than two years after hitting the $1 trillion mark in January 2020. Its stock price retreated back below $2 trillion shortly after topping the number.

See also  It Has Begun: The Stock Market Crash Nobody Believed Was Coming Is Already Upon Us

Alphabet joins the ranks of tech giants Apple (AAPL) and Microsoft (MSFT), which are the only other publicly traded U.S. companies to cross the mark. Alphabet’s growth has been powered by its dominance of the online advertising industry, which has long functioned as a de facto duopoly between Google and Facebook.

See also  The new covid variant is very likely a scapegoat for Market crash


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.