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Alphabet hits $3 trillion in market capitalization for first time
Yahoo Finance·2025-09-15 22:07

(Reuters) - Google-parent Alphabet hit a market capitalization of 3trillionforthefirsttimeonMonday,ridingonrenewedoptimismaroundartificialintelligenceandafavorableantitrustruling.ClassAsharesofthecompanywereup4.63 trillion for the first time on Monday, riding on renewed optimism around artificial intelligence and a favorable antitrust ruling. Class A shares of the company were up 4.6% at 251.88, while Class C shares climbed 4.5% to 252.3bothtradingatrecordhighs.AlphabetjoinedcompaniesincludingiPhonemakerAppleandMicrosoftthathavealsoclinchedvaluationsof252.3 - both trading at record highs. Alphabet joined companies including iPhone maker Apple and Microsoft that have also clinched valuations of 3 trillion. AI-leader Nvidia has crossed the $4 trillion mark. The lat ...