Google’s parent company Alphabet hits $2 trillion valuation

Sundar Pichai-run Alphabet, Google’s parent company, has finally breached the coveted $2 trillion market cap milestone.

The tech giant’s market cap briefly crossed the $2 trillion mark late on Monday, closing at $2,987.03 per share.

Alphabet’s market cap has doubled from $1 trillion since January 2020.

Alphabet now joins Apple and Microsoft who are already part of the $2 trillion club in the US.

Alphabet, the parent company of Google, posted an all-time record revenue of $61.9 billion for the July-September quarter, along with record profits at $18.9 billion.