Shares rose as much as 1.7% to US$334.04, translating to a market cap of US$4 trillion. The company recently overtook Apple Inc to become the second-largest firm, behind Nvidia Corp. Only Nvidia, Apple, and Microsoft Corp have topped the US$4 trillion barrier, and Nvidia remains the lone company to ever crest US$5 trillion. In November, Bloomberg News reported that Apple was planning to pay Alphabet about US$1 billion a year for an AI Siri. The rapidly improving sentiment reflects of Alphabet is seen as having dominant positions across key areas of AI. Despite the swelling in valuation, Alphabet continues to trade at a slight discount to the overall Magnificent Seven Index.

Source: The Edge Markets January 12, 2026 16:36 UTC