Alphabet Hits Historic Market Cap Milestone
On Monday, Alphabet shares surged 1.7% to $334.04 per share, pushing the tech giant’s market cap past $4 trillion. This milestone places Alphabet just behind NVIDIA as the world’s second most valuable company.
Three Tech Titans Cross $4 Trillion Threshold
To date, only three companies – NVIDIA, Apple, and Microsoft – have ever reached or exceeded a $4 trillion valuation. Among them, NVIDIA remains the sole company to have surpassed the $5 trillion mark, highlighting the elite status of these global technology leaders.
Gemini AI Integration Drives Growth
The recent stock rally was fueled by news that Apple selected Alphabet’s Gemini model to power the next-generation AI-enhanced Siri assistant. This strategic partnership demonstrates growing confidence in Alphabet’s artificial intelligence capabilities and strengthens its position in the competitive tech landscape.
Outperforming the Tech Elite
Year-to-date, Alphabet shares have gained 4.8%, building on last year’s impressive 65% surge. Among the elite 'Magnificent Seven' tech stocks, Alphabet has emerged as a standout performer, showcasing strong momentum and market leadership in the digital innovation space.