Google adds $420 bn market cap in single day, eyes world’s most valuable company spot
Alphabet is on track to become the most valuable company in the world after adding more than $420 billion in market cap on Thursday. Shares had rallied around 10% after the owner of Google and YouTube reported profit for the latest quarter that almost doubled analysts’ expectations. The record-setting market cap gain also put Alphabet 6% away from surpassing NVIDIA as the most valuable public company in the world.
