Nuked Google’s parent company alphabet is now the fourth US company to hit a market cap of $ 1 trillion. It hit the number just before markets closed on Thursday, ending the day’s trading at $ 1,451.70 per share.
Google CEO Sundar Pichai took over as CEO of alphabet in December. It’s been a bumpy couple of years at the company that included allegations of sexual misconduct by executives and a 20,000-person Google walkout employee protest.
Alphabet is slated to report fourth-quarter earnings on February 3rd. Wall Street analysts are expecting it to report revenue of $ 46.9 billion.
Apple was the first US company to hit a $ 1 trillion cap in 2018. Followed by Amazon and Microsoft, which has since dropped below that figure.
The trillion-dollar companies were still among the most-profitable companies in the world last year. Saudi Aramco at the top of the list, Apple second, and alphabet 7th.
