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- Sundar Pichai CEO Alphabet Market CAP | Sundar Pichai Google Alphabet Market Capitalization Latest News and Updates; Alphabet reached $ 1 trillion for the first time,
- For the first time 3 trillion greenback elite membership collectively 3 American firms, Apple first and Microsoft second
- Only 4 firms in the world be a part of the trillion greenback membership, valuing Saudi Arabian firm Saudi Aramco at $ 1.8 trillion
Dainik Bhaskar
Jan 17, 2020, 04:35 PM IST
California. Google's dad or mum firm Alphabet's market cap reached $ 1 trillion (Rs 71 lakh crore) for the first time. The valuation rose as the firm's inventory rose 0.8% on Thursday. Alphabet's valuations have elevated 12% in the one and a half months after becoming CEO of Indian origin Sundar Pichai (47). Pichai turned CEO on December 4, the day Alphabet stood at $ 893 billion (Rs 64 lakh crore). US inventory market analysts see Pichai's management as constructive. They have additionally raised the goal of Alphabet's share worth. 85% of Alphabet's income comes from Google. Pichai has additionally been accountable for the CEO of Google since 2015. Google's advert income in his management has elevated by 85% in the final Three years.
For the first time in a trillion greenback elite membership, 3 American firms collectively
Alphabet's inventory has gained greater than 8% in 16 days this 12 months. Alphabet is the fourth firm in the US to succeed in a trillion {dollars}. This is the first time the three US firms collectively are at a trillion greenback valuation. All three are tech firms. Apple is at quantity one and Microsoft at quantity two. Amazon additionally reached $ 1 trillion in 2018, however presently stands at $ 931 billion.
Top-5 American Companies in Valuation
| Company | Market Cap (Dollars) | Market Cap (Rupees) |
| Apple | 1.4 trillion | 99.Four lakh crores |
| Microsoft | $ 1.3 trillion | 92.Three lakh crores |
| Alphabet | 1 trillion {dollars} | 71.Zero lakh crores |
| Amazon | $ 931 billion | 66.1 lakh crores |
|
$ 632 billion |
44.Eight lakh crores |
Saudi Aramco of Saudi Arabia is the world's largest firm in market cap. Aramco's market capitalization is presently $ 1.8 trillion. Last month, it turned the first firm in the world to make $ 2 trillion. The valuation of the firm declined as Aramco's inventory fell throughout tensions between the US and Iran.
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