Alphabet challenges Nvidia for title of worlds largest company
News Source : Crypto Briefing
News Summary
- Alphabet, Google's parent company, has pulled within striking distance of Nvidia in the market cap rankings.
- Less than $200 billion separating the two tech giants.
- Google Cloud revenue jumped 63% year-over-year to $20 billion, a number that tells investors Alphabet isn’t just talking about AI.
- Nvidia peaked at a market cap of $5.2 trillion and has since pulled back.
- If Nvidia’s next earnings disappoint even slightly, Alphabet could close the remaining gap in a single trading session.
Googles parent company has closed the gap to less than $200 billion as its cloud AI revenue surges 63%, while Nvidia drifts from its $5.2 trillion peak. The race for the most valuable company on Ear [+2027 chars]
Never miss a story from us, subscribe to our newsletter