Google shares rise 4%, parent Alphabet hits $3 trillion in market capitalization
Alphabet's market capitalization soared to $3 trillion on Monday, fueled by AI optimism and a favorable antitrust ruling. The company's Class A and C shares reached record highs, joining Apple, Microsoft, and Nvidia in the trillion-dollar club. A U.S. federal judge allowed Alphabet to retain control of its Chrome browser and Android mobile operating system, boosting investor confidence.
Alphabet's market capitalization soared to $3 trillion on Monday, fueled by AI optimism and a favorable antitrust ruling. The company's Class A and C shares reached record highs, joining Apple, Microsoft, and Nvidia in the trillion-dollar club. A U.S. federal judge allowed Alphabet to retain control of its Chrome browser and Android mobile operating system, boosting investor confidence.
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