Google parent Alphabet reclaims spot in $2 trillion valuation club
- Alphabet reached a $2 trillion market value due to a dividend and buyback announcement, with its stock rising 11.7% to $173.55, hitting a record high.
- After the surge, Alphabet's market cap is set to surpass $2.2 trillion, fueled by strong revenue and earnings exceeding analyst expectations, leading to record quarterly profit.
- Alphabet's growth positions it to join Microsoft, Apple, and Nvidia as the fourth company with a $2 trillion valuation.
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Leaning Left1Leaning Right1Center4Last Updated11 days agoBias Distribution67% Center