Google parent Alphabet hits $2tn valuation as it announces first dividend

Google’s parent company has hit a stock market value of $2tn (£1.6tn) as investors reacted to a declaration of its first ever dividend alongside strong results on Thursday.Shares in Alphabet rose 10% in early Wall Street trading on Friday to give the tech group a stock market capitalisation – a measure of a corporation’s value – of more than$ 2tn. Alphabet last hit that level in intraday trading in 2021, but has yet to close above that benchmark after a day’s trading.Alphabet’s shares rose after it posted r ...