$3 Trillion Market Cap
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Alphabet Joins Exclusive $3 Trillion Market Cap Club
Alphabet has reached a $3 trillion market capitalization, joining a select group of tech giants. This milestone was fueled by a favorable resolution to a major antitrust case, where penalties were less severe than expected, boosting investor confidence. Alphabet’s stock is up over 30% year-to-date, significantly outperforming the Nasdaq. CEO Sundar Pichai navigates the company through AI disruption and regulatory scrutiny. The rise of AI search alternatives and the success of Gemini, Alphabet’s AI suite, are crucial for the company’s future competitiveness.