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Student Village Academy Forums Money / Savings Money Talks Googles Parent Company Hit $3Trillion Yesterday

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    • #83697
      justseyi
      Keymaster

      In case your FOMO meter wasn’t already pegged, Alphabet—Google’s grown-up parent—blasted past a $3 trillion market cap yesterday, turning that dusty $100.30 IPO share from August 19, 2004, into a cool $29,000 windfall. (You’re welcome for the math that’ll haunt your dreams.)

      Now rubbing shoulders with Nvidia ($4.25T AI chip throne), Microsoft, and Apple in the ultra-exclusive Trillion-Dollar-Plus VIP lounge, Google’s outshining the rest of the Magnificent Seven with a sizzling 32% YTD pop.

      Blame (or thank) a judge’s antitrust love letter earlier this month: Alphabet dodged the Chrome browser guillotine, keeping its search monopoly intact while AI shakes up the board. Penalties? Meh—lighter than a bad Google Doodle, thanks to AI flipping the script on old-school dominance fears.

      Sure, AI’s the existential vibe-killer since Larry and Sergey ditched the office for Burning Man dust, but Google’s Gemini squad is cashing in, juicing ad revenue and app downloads like nobody’s business. Shares closed at $251.61, up 4.5%, because why not?

      Now, if that time machine could just loop you into an early Nvidia bet or a ChatGPT side hustle… but hey, at least your search bar’s still free. Alphabet’s trading at a “bargain” 23x forward earnings—cheapest in the Mag7 pack. Moral? Hindsight’s 20/20, but AI’s got that crystal ball glow.

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