Who is the Richest Company in the World? Alphabet Hits the Trillion Dollar Jackpot

One of the biggest news in finance this week was learning how Google’s parent company, Alphabet, is now the world’s most valuable business. They were able surpass Apple, their long time high-tech competitor as the top company. Alphabet’s shares rose by six percent after they finally unveiled their estimated fourth quarter earnings result, with their combined share classes at a value of over $554 billion.

They were able to pass Apple successfully by an additional $20 billion. Collin Gillis, a BGC Financial analyst, stated that “Google is not in the pole position.” He gave credit to accelerating revenue growth, expense control and a capital return to Alphabet’s growth.

As of today, Alphabet is now position as the first company in American to have reached a worth of $1 trillion. Gillis went on to add that the core business is picking the speed up while cracking alone. He also left…



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