Google owner Alphabet becomes the fourth company to be worth $3 trillion after shares soar 4%
Google owner Alphabet reached a market value of $3 trillion for the first time yesterday.Shares in the company rose nearly 4 per cent to $250 – a record high.Alphabet joined fellow tech titans Apple and Microsoft in hitting a $3 trillion valuation.AI chipmaker Nvidia, the world’s most valuable company, boasts a market cap of $4.25 trillion (£3.1 trillion).Tech and AI-linked stocks have powered Wall Street’s main indexes to record highs. Kim Forrest, at Bokeh Capital Partners, said: ‘There has been no other [sector] in the past 18 months, maybe even two years, that has had such excitement from investors.’ Milestone: Google-owner Alphabet has joined fellow tech titans Apple and Microsoft in hitting a $3 trillion valuationDIY INVESTING PLATFORMSAJ BellAJ BellEasy investing and ready-made portfoliosHargreaves LansdownHargreaves LansdownFree fund dealing and investment ideasinteractive investorinteractive investorFlat-fee investing from £4.99 per monthInvestEngineInvestEngineAccount and trading fee-free ETF investingTrading 212Trading 212Free share dealing and no account feeAffiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.Compare the best investing account for you
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Google owner Alphabet becomes the fourth company to be worth $3 trillion after shares soar 4%
