Google now a $1 trillion company (N 361,500,000,000,000) - SephoraNews- Nigeria Entertainment Blog SephoraNews- Nigeria Entertainment Blog: Google now a $1 trillion company (N 361,500,000,000,000)

Friday, 17 January 2020

Google now a $1 trillion company (N 361,500,000,000,000)

The league of $1 trillion companies in the world now has a new member, on Thursday, January 16, Google joined Amazon, Apple, and Microsoft as the few companies to achieve this feat.

Google now a $1 trillion company

Google reached this milestone after its parent company, Alphabet closed the day's trading at  $1,451.70 per share, up 0.87%.

With this achievement, Google is the fourth S&P 500 component to reach this apex level.

Microsoft and Apple are valued at more than $1 trillion (three hundred sixty-one trillion five hundred billion trillion Naira), Amazon is the second US company to reach this milestone although they fell off and climbed back in September 2018.

This is the first time in history that 3 American companies are worth at least $1 trillion at the same time. Saudi Aramco is still the most valuale company on earth, the oil giant went public last month and was valued at $2 trillion and is currently worth around $1.8 trillion.

Alphabet's record market valuation came after a historic change in leadership at the company. Recall that Sundar Pichai became the CEO of both Google and Alphabet after co-founders Larry Page and Sergey Brin announced that they would step back from the company which they founded in 1998.

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