Market cap / alphabet reached $ 1 trillion for the first time; 12% rise in a month and a half after Sundar Pichai became CEO

·      Pichai has been the CEO of Google since 2015, and was also made CEO of parent company Alphabet a month and a half ago.

·      3 US companies together for first time in trillion-dollar elite club, Apple first and Microsoft second

·      Only four companies in the world join the trillion-dollar club, Saudi Arabian company Saudi Aramco is valued at $ 1.8 trillion

California. Google's parent company Alphabet's market cap reached $ 1 trillion for the first time. The valuation rose as the company's stock rose 0.8% on Thursday. Alphabet's valuation has increased by 12% in the one and a half months after becoming CEO of Indian origin Sundar Pichai (47). Pichai became CEO on December 4, the day Alphabet stood at $ 893 billion. Pichai has also been responsible for the CEO of Google since 2015. In his leadership, Google's ad revenue grew 85% in the last 3 years. Now within a month and a half after Alphabet took over as CEO, the company's market cap increased by 12%. US stock market analysts see Pichai's leadership as positive. They have also raised the target of Alphabet's share price. 85% of Alphabet's revenue comes from Google.










3 US companies put together for the first time in a trillion-dollar elite club

Alphabet's stock gained more than 8% in 16 days this year. Alphabet is the fourth company in the US to reach a trillion dollars. This is the first time the three US companies together are at a trillion-dollar valuation. All three are tech companies. Apple is at number one and Microsoft at number two. Amazon also reached $ 1 trillion in 2018, but currently stands at $ 931 billion.









Top 5 US Companies at Valuation
  

Company	Market Cap (Dollar)
Apple	1.4 Trillion Dollar
Microsoft	1.3 Trillion Dollar
Alphabet	1 Dollar
Amazon	931 Billion Dollar
Facebook	632 Billion Dollar

Saudi Aramco of Saudi Arabia is the world's largest company in market cap. Aramco's market capitalization is currently $ 1.8 trillion. Last month, it became the first company in the world to make $ 2 trillion. The valuation of the company came down as Aramco's stock fell during tensions between the US and Iran.