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Meet the Unstoppable Stock That Just Joined Nvidia, Microsoft, and Apple in the $2 Trillion Club [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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However, only four of them have graduated into the $2 trillion club: Microsoft , valued at $3 trillion. Apple , valued at $2.6 trillion. Nvidia , valued at $2.2 trillion. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) , valued at $2.1 trillion. Alphabet is the newest member, having joined last week shortly after reporting its financial results for the first quarter of 2024. The company's strong revenue growth, profitability, and substantial progress in the artificial intelligence (AI) space sent its stock soaring 10%, which put its market capitalization above the $2 trillion mark. Despite achieving the impressive milestone, here's why Alphabet probably isn't done creating value for investors. Alphabet is in the Gemini era Google Search remains the crown jewel of Alphabet's business, but it needs to adapt to a world that is increasingly dominated by AI. Chatbots like OpenAI's ChatGPT -- which powers Microsoft's Bing search engine -- are far more convenient than traditional sea
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