Google parent company, Alphabet has hit $1 trillion in market capitalization, making it the fourth U.S. company to hit the milestone.
This makes the internet search giant the fourth company, after Apple, Amazon and Microsoft, to reach the market milestone.
The search engine company was able to achieve the feat on Thursday, after its parent company, Alphabet ended the day’s trading at $1,451.70 per share, up 0.87 percent.
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According to Business Insider, Apple was the first company to reach the market cap milestone in 2018, followed by Microsoft, then Amazon. Apple and Microsoft are still valued at more than a trillion dollars while Amazon has since fallen below the mark.
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This would be the first time that three American companies are worth at least $1 trillion at the same time. The most valuable company on the planet is still the oil giant Saudi Aramco, who went public last month at a valuation of $2 trillion and is currently worth around $1.8 trillion.
Google reached its latest numerical milestone as it is facing some of its biggest tests.
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