Google is breaking records again: its market value has reached $4.5 trillion
4 May 06:12
The market capitalization of Alphabet, Google’s parent company, has reached approximately $4.5 trillion. The sharp rise in its stock price came amid strong financial results and a global boom in artificial intelligence. In terms of market value, the company has effectively surpassed the annual GDP of countries such as Japan and India, cementing its status as one of the world’s most valuable assets. This is reported in a Yahoo Finance article, as cited by "Komersant Ukrainian".
Alphabet now belongs to a select group of companies with a market capitalization exceeding $4 trillion and is competing with Nvidia for the title of the world’s most valuable company.
Artificial Intelligence as the Main Driver of Growth
Massive investments in AI technologies, particularly the development of the Gemini model and the expansion of cloud services, have been the main drivers of success.
Key financial indicators:
- Total revenue: grew by more than 20% year-over-year.
- Net profit: showed explosive growth—over 80%.
- Google Cloud: The division’s revenue increased by more than 60%, reflecting the surging demand for AI infrastructure.
- Market valuation: Unlike Meta and Microsoft, Alphabet received a more favorable investor reaction regarding AI spending.
Google Cloud’s steady growth confirms that businesses and government agencies are increasingly integrating AI tools into their operations.
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