valuation

San Francisco: Sundar Pichai-run Alphabet, Google's parent company, has finally breached the coveted $2 trillion market cap milestone. The tech giant's market cap briefly crossed the $2 trillion mark late on Monday, closing at $2,987.03 per share. Alphabet's market cap has doubled from $1 trillion since January 2020. Alphabet now joins Apple and Microsoft who are already part of the $2 trillion club in the US. Alphabet, the parent company of Google, posted an all-time record revenue of $61.9 billion for the July-September quarter, along with record profits at $18.9 billion. Also ReadOnePlus Nord 2 x PAC-MAN Edition announced for Rs 37,999 It said late last month that with respect to foreign exchange impact on reported revenues, it expects virtually no impact in Q4 in contrast to a 1.5 per cent tailwind in Q3 and 4 per cent in its Q2. Apple hit the mark in April last year, while Microsoft reached the $2 trillion mark in June this year. Amazon is also nearing the $2 trillion mark. Microsoft is now worth a smidge more than Apple, making the Satya Nadella-led cloud software giant the world's most valuable company. Both companies are worth about $2.5 trillion. Tesla, Elon Musk's electric car giant, recently passed the $1 trillion mark and has since surged to a market cap of about $1.25 trillion. These five companies are now collectively worth almost $10 trillion. That's nearly a quarter of the combined $41.8 trillion market cap of the entire S&P 500, reports CNN.

valuation

Google’s parent company Alphabet hits $2tn valuation

Muslim IAS officers, a mere 3.54 percent in the country: Report

Hyderabad: Four teenagers arrested for two-wheelers’ theft

Khashoggi murder case: Suspect detained in France

Zonal system transfer for employees soon: CS Somesh Kumar

ISL: FC Goa edge SC East Bengal to register first win of season