- Advertisement -
- Advertisement -
- Google parent Alphabet is vaulted into an elite stock-market club on Monday
- The stock popped to start the week, pushing its market cap above $3 trillion for the first time.
- The move puts it in the same category as Nvidia, Microsoft, and Apple.
Alphabet stock is the newest member of an elite club.
The stock popped as much as 4.7% on Monday to an intraday high of $252.75, vaulting it about a market capitalization above $3 trillion for the first time ever. It’s only the fourth company to achieve that milestone, joining Nvidia, Microsoft, and Google at the top of the list of the world’s most valuable companies.
The stock is up more than 30% in 2025.
Shares of the tech giant have been on a bullish tear this month after an antitrust ruling that was better than investors had feared, when a judge said it did not have to spin off its Google Chrome browser from the rest of the business.
- Advertisement -