Article 4Y1SJ Google owner Alphabet becomes trillion-dollar company

Google owner Alphabet becomes trillion-dollar company

by
Kalyeena Makortoff
from Technology | The Guardian on (#4Y1SJ)

Tech giant is the fourth US firm to achieve the valuation - after Microsoft, Apple and Amazon

Google's owner Alphabet has become a trillion-dollar company for the first time, making it only the fourth US firm to reach the bumper valuation.

Alphabet's value, based on the price of its Wall Street-listed shares, passed $1tn (776bn) in the final minutes of trading on Thursday night, with shares closing at a record high of $1,450.16 each.

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