Alphabet Joins $2 Trillion Club As Results Show AI Strength
Summary by Bloomberg
Alphabet Inc. closed decisively above a $2 trillion market capitalization for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence.
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Alphabet Joins $2 Trillion Club As Results Show AI Strength
Alphabet Inc. closed decisively above a $2 trillion market capitalization for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence.
Google Parent Alphabet Joins $2 Trillion Club as Results Show AI Strength
Alphabet Inc. closed decisively above a $2 trillion market capitalization for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence.The stock rose 10% to $171.95, its biggest one-day jump since July 2015, resulting in a valuation of $2.15 trillion. The advance added almost $200 billion to the company's market capitalization, making for one of the la…
Alphabet joins the $2 trillion club thanks to artificial intelligence
After the stock jumped almost 10% in the market, Google's parent company managed to overcome the stock market barrier based on demonstrated advances in the use of AI. Read more