Alphabet on the Verge of Reaching $1 Trillion Valuation as Google Keeps Churning Cash

Alphabet on the Verge of Reaching $1 Trillion Valuation as Google Keeps Churning Cash

5 years ago
Anonymous $yQ5BfQaAxy

https://wccftech.com/alphabet-on-the-verge-of-reaching-1-trillion-valuation-as-google-keeps-churning-cash/

Google’s parent Alphabet (NASDAQ:GOOGL) is on the verge of reaching a historic milestone. The company’s stock price opened today at $1435.25, just $5 or 0.35 percent short of hitting $1440.24 and the attendant $1 trillion market capitalization.

The tech giant came within 1 percent of hitting the prized threshold on Friday following a 7 percent rally since the start of 2020. The stock has remained buoyant recently on hopes that Alphabet will report an-all-time-high advertisement revenue as part of its earnings report for the fourth quarter of 2019 due on the 3rd of February 2020.