Carlos Jasso/Reuters Alphabet closed in on a US$4-trillion valuation on Monday, set to become only the fourth company to enter the exclusive club, as the Google parent rides an AI-driven rally. Shares of the company rose more than 5% to hit a record high of $315.90, giving it a market capitalization of $3.82-trillion. The stock…
A Broadcom circuit board for chip testing is pictured during a lab tour as Broadcom prepares to launch new optical chip tech to fend off Nvidia in San Jose, California, U.S., September 5, 2025. Brittany Hosea-small | Reuters Broadcom shares rallied 11.1% on Monday, making it the S&P 500’s top performer of the day, as…
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…
Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | Afp | Getty Images Alphabet has joined the $3 trillion club. Shares of the search giant jumped more than 4% on Monday, pushing the company into territory occupied only by…
Alphabet’s shares closed over 9% higher on Wednesday, adding about $210 billion to the company’s market value, after a U.S. judge ruled against breaking up the Google parent company. The decision by Judge Amit Mehta allows Google to maintain control of its Chrome browser and Android mobile operating system, while also continuing to make significant…
Image: Reuters Alphabet shares closed more than 9% higher on Wednesday after a US judge ruled against breaking up the Google parent, clearing a major regulatory overhang and adding about US$210- billion to the company’s market value. The ruling on Tuesday by Amit Mehta allows Google to retain control of its Chrome browser and Android mobile…
Alphabet shares rose 9.14% on Wednesday as investors viewed the result of Google’s antitrust case as broadly favorable to the tech giant. Wednesday’s gain added $234 billion to the company’s market cap. Apple closed 3.81% higher, adding $130 billion to its cap. The U.S. Department of Justice had proposed a sort of breakup of Google,…
