Alphabet surpasses USD 2 trillion market cap: All you need to know

Alphabet's stock has reportedly grown by 10 per cent to USD 171.95, making it the largest one-day gain of the company. Alphabet’s shares have also upscaled by 23 per cent, which has outperformed the Nasdaq 100 Index, the report stated.

Alphabet Inc., the parent company of Google has reportedly reached a milestone by closing more than USD 2 trillion market capitalization for the first time in its lifetime. The achievement was made official when a robust earnings report surfaced, that highlighted the strength in artificial intelligence (AI).

As per the report, Alphabet's stock reportedly surged by 10 per cent to USD 171.95, marking it as the largest one-day gain since its inception (from July 2015). This propelled the company's value to USD 2.15 trillion and added around USD 200 billion to its market capitalization. By this year, Alphabet has shares have also grown ...