Google's parent company Alphabet has a market capitalization of $1.5 trillion for the first time in a year, thanks to its AI-powered tools.
The company's shares jumped nearly 3% to trade below $120, bringing the company's total value to $1.521 trillion. According to CompaniesMarketCap data, this is the first time since May 2022 that Alphabet's market capitalization has reached this level.
Alphabet is one of 3 listed companies in America with a market capitalization of $1.5 trillion, along with tech giants Apple and Microsoft, while Amazon is the only other company with a market capitalization of $1 trillion.
Source (CNBC Arabic Website, Edited)
