Back
News

Alphabet zeros in on magic number

Alphabet is mere $7bn away from joining the $1trn club, after a strong start to 2020 boosted its value.

The Google parent, which will become the fourth Big Tech firm to reach the milestone, will e expecting another boost when it reports its earnings on February 3.

Apple, Amazon and Microsoft have all become $1trn-plus companies since 2018, but have been eclipsed by the floating of Saudi Armco, which went public last month hand now has a market value of $1.87trn.

The FT (£)

The Guardian

Up next…