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Google The market capitalization of parent company Alphabet has risen 4.8% so far this year, making it the top performer in the "Magnificent Seven"
Svmuu News Google: Alphabet, the parent company of Google, has surpassed the $4 trillion market capitalization mark. On that day, its stock price rose as much as 1.7% to $334.04 per share, corresponding to a market capitalization of $4 trillion.Alphabet recently surpassed Apple to become the world’s second-largest company, trailing only NVIDIA. To date, only NVIDIA, Apple, and Microsoft have had market capitalizations exceed $4 trillion, while NVIDIA remains the only company to have ever surpassed $5 trillion in market value.Monday’s stock price rise was driven by news that Apple has selected Alphabet’s Gemini model to power the AI version of its Siri digital assistant. So far this year, Alphabet’s stock price has risen 4.8%, continuing last year’s gain of over 65%, making it the best-performing company in the “Magnificent Seven.” (Jin Shi)
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