Business & Finance
Alphabet’s $2 Trillion Gain Turns ‘Rock Star’ Into Question Mark
Key Points
Alphabet’s $2 Trillion Gain Turns ‘Rock Star’ Into Question Mark Alphabet Inc. has had a remarkable 12 months by just about any measure you can imagine. The stock price has more than doubled, raising its market capitalization by more than $2 trillion as investors see increasing strength in its artificial intelligence capabilities. At $4.3 trillion, Alphabet is now the second-most valuable company in the world, up from fifth at this time last year.
Alphabet’s $2 Trillion Gain Turns ‘Rock Star’ Into Question Mark
Alphabet Inc. has had a remarkable 12 months by just about any measure you can imagine.
The stock price has more than doubled, raising its market capitalization by more than $2 trillion as investors see increasing strength in its artificial intelligence capabilities. At $4.3 trillion, Alphabet is now the second-most valuable company in the world, up from fifth at this time last year. And in a sign of how significant Google’s parent has become to the overall economy, the shares were added to the Dow Jones Industrial Average this week.