By: IrishTimes
Jan 13, 2020
The stock market value of Google parent Alphabet is on the brink of hitting $1 trillion for the first time, making it the fourth of the Big Tech to reach the milestone.
The internet search company came within 1 per cent of the $1 trillion (€899 billion) threshold on Friday, after a 7 per cent rally since the start of the year on hopes that it will report another record surge in advertising when it announces earnings on February 3rd. Shares advanced a further 0.5 per cent in pre-market trade on Monday.