Google's parent company Alphabet became the fourth US company to hit USD 1 trillion market cap earlier today.
As The Verge notes, Alphabet hit the milestone just before markets closed on Thursday with day's trading closing at USD 1,451.70 per share, up 0.87 per cent. At the time of writing, the per-share price is at USD 1,450.16.
Other US companies in the USD 1 trillion bracket include Apple and Microsoft. It is expected that Facebook will hit the mark next. Meanwhile, Wall Street analysts expect Alphabet to report revenue of USD 46.9 billion, a YoY growth of 20 per cent.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
