Google parent company Alphabet expected to reach $1tn value soon

Alphabet may join Apple, Microsoft and Amazon when it reports latest earnings, another sign of the unstoppable rise of tech

Another tech behemoth is poised to join the club of Silicon Valley giants valued at more than $1tn. Alphabet, Google's parent company, reached a value of $993bn on Monday, with analysts expecting it to cross the $1tn mark soon.

Alphabet would join a select club of tech companies to pass $1tn in value. Apple became the first tech company to pass the benchmark in August 2018 and has since risen to be valued at $1.37tn.