Contact – Editorial Team:
The market value of Alphabet, which owns Google, jumped to about $1.5 trillion for the first time in a year.
The company’s shares rose by nearly 3%, to trade at less than $120, and this is the first time that the company’s market value has reached this level since May 2022.
Alphabet stock is up 10% since it announced its Bard AI tool on February 8.
Alphabet is one of 3 companies listed in America with a market capitalization of $1.5 trillion, along with tech giants Apple and Microsoft.
Amazon is also the only other company with a market capitalization of $1 trillion.
Earlier, Alphabet announced it was adding more AI services to its core search product in response to competition from Microsoft.
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The Kingdom’s investments in US bonds jumped to $112 billion last February
In a related context, Google Chrome is the most used browser in the world since it was first released in 2008, and it is used by more than three billion people around the world.
It works on Microsoft Windows, Linux, Mac OS, iOS and Android operating systems. However, it was not immune to breaches and security holes, according to the recognition of the company, “Google”, which developed it.
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Alphabet, which owns Google, is achieving great gains, and its market shares reach this number
