Alphabet joins the -trillion club

Alphabet joins the $3-trillion club

Google parent Alphabet hit a market capitalisation of US$3-trillion for the first time on Monday, riding on renewed optimism around artificial intelligence and a favourable antitrust ruling. Class-A shares of the company were up 3.8% at $250, while Class-C shares climbed 3.7% to $250.40 — both trading at record highs. Including Monday’s gains, the company’s…

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