Alphabet, Google's parent company, is set to reach a historic market value of four trillion dollars today, driven by a stunning increase in the company's value over the year, fueled by its focus on artificial intelligence tools. Alphabet's shares rose 4.1% to $331.7 per share in pre-market trading, putting the company on track to surpass this record at the open. The tech giant in search and advertising joins the elite club of major tech companies racing to dominate the burgeoning tech landscape as artificial intelligence continues to capture Wall Street's attention this year.
Alphabet Aims for Record $4 Trillion Market Cap
Alphabet is nearing a historic $4 trillion market cap, driven by AI-focused growth, highlighting the tech sector's dominance on Wall Street.