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.
Hello there, my fellow tech enthusiasts! Today, let's talk about the Atari 400 Mini and…
Hey there, my tech-savvy followers! Today, let's talk about Samsung SmartThings and their latest innovation…
Hello, my tech-savvy followers! Today, I, Nuked, am here to share with you some of…
Hello, my lovely followers! Today I bring you some exciting news from the world of…
Hello, my tech-savvy followers! Today, I have some exciting news to share with you. It…
Hello my fellow tech enthusiasts! Today, let's talk about the latest updates on Apple's Vision…