Alphabet stock on Tuesday extended its record-breaking run having well and truly joined the $4 trillion club Monday, underlining the Google parent’s status as the market’s new artificial-intelligence darling.
Alphabet’s Class A shares, which trade under the ticker GOOGL, rose 1.2% to $335.97, notching a five-day winning streak.
The stock closed up 1% at a new high of $331.86 the previous session after Apple and Google said they had formed an AI partnership, which lifted Alphabet’s total market capitalization past $4 trillion for the first time ever.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
