Home / National and Metro News / Google parent Alphabet is now a $1 trillion company

Google parent Alphabet is now a $1 trillion company


Google’s parent company Alphabet ($GOOG) is now the fourth US company to hit a market cap of $1 trillion. It hit the number just before markets closed on Thursday, ending the day’s trading at $1,451.70 per share, up 0.87 percent.

Google CEO Sundar Pichai took over as CEO of Alphabet in December, after Google co-founders Larry Page and Sergey Brin relinquished control of Alphabet. It’s been a bumpy couple of years at the company that included allegations of sexual misconduct by executives and a 20,000-person Google Walkout employee protest.

Alphabet is slated to report fourth-quarter earnings on February 3rd, and Wall Street analysts are expecting it to report revenue of $46.9 billion, a year-over-year uptick of almost 20 percent.


https://www.ladunliadinews.com/2020/01/google-parent-alphabet-is-now-1.html

Check Also

Nigerian man who went missing for five years found in jail

A Nigerian lady took to her social media page to share the story of a …

My baby is having a baby! Ned Nwoko shares pregnancy photos of Regina Daniels

Awww! Billionaire Ned Nwoko has shared pregnancy photos of his youngest wife, Regina Daniels. Though …

Leave a Reply

Your email address will not be published. Required fields are marked *