The positional inversion in market cap underscores the different directions Alphabet and Apple are heading with their respective AI strategies.
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Google parent company Alphabet
saw its market capitalization surpass Apple’s
for the first time since 2019.
Alphabet’s market cap closed at $3.88 trillion on Wednesday. Shares of Alphabet rose more than 2% on Wednesday, closing at $322.03. Meanwhile, Apple’s market cap closed Wednesday at $3.84 trillion as shares slid more than 4% over the last five days.
It's the first time since 2019 that Alphabet has overtaken Apple in valuation, and another sign of how Apple is falling behind in…
It's the first time since 2019 that Alphabet has overtaken Apple in valuation, and another sign of how Apple is falling behind in…
The milestone comes after the company surpassed Apple as the second most valuable company.
Alphabet, the holding company for the search giant, is now one of four tech giants with the valuation following a mostly…
Google's parent company added hundreds of billions of dollars in value in September following a favorable ruling.
Alphabet, Google's parent company, became the fourth company to reach a $4 trillion value Monday after Apple said it will use…
