Alphabet races towards -trillion valuation

Alphabet races towards $4-trillion valuation

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…

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Apple races past -trillion in market value

Apple races past $4-trillion in market value

Apple topped US$4-trillion in market value for the first time on Tuesday, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race. The stock was last up 0.2% at $269.20 in early trading, hitting an all-time high. Apple’s…

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