Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Alphabet public market capitalization tops $1 trillion

FILE PHOTO: The Google logo is pictured atop an office building in Irvine, California, U.S. August 7, 2017. REUTERS/Mike Blake

The public market capitalization of Google parent Alphabet <GOOGL.O> topped the $1 trillion mark shortly before the close of trading on Thursday, making it the fourth S&P 500 component to top the lofty level.

The company joined Microsoft <MSFT.O>, Amazon.com <AMZN.O> and Apple <AAPL.O> in crossing the threshold as its shares closed up 0.76% at $1,450.16 on the session.

(Reporting by Chuck Mikolajczak; Editing by Chris Reese)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.