Google Parent Alphabet Set To Hit $1 Trillion In Market Value

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Google parent company, Alphabet, is about to join the $1 trillion club by skleb1234

as Wall Street bets that the company will report another quarter of strong advertising sales when it announces earnings on February 3.

Google’s sales are largely still growing by as fast as they did ten years ago: The tech giant still reports revenue growth of around 20%, despite its $160 billion in sales amounting toover the last decade has been due to the strength of its core advertising business, key value acquisitions like YouTube and expansion into other fast-growing areas—such as cloud computing and its “moonshot” projects, like self-driving car division Waymo.to surpass a $1 trillion market cap in August 2018.

last month—where new CEO Sundar Pichai will take over for cofounders Larry Page and Sergey Brin—and despite a recent backdrop of growing calls for stronger antitrust and privacy regulation.All four tech companies are still dwarfed in size by Saudi Aramco, the Saudi state oil giant, which

 

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