Google Parent Alphabet crosses $3 trillion market cap , led by AI and cloud gains

Alphabet, the parent company of Google, hit a market capitalization of $3 trillion for the first time on Monday, driven by renewed investor optimism around artificial intelligence and a favorable US antitrust ruling. Class A shares rose 3.8% to $250, while Class C shares climbed 3.7% to $250.4, both reaching record highs.