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Alphabet's Market Valuation Overtakes Apple's, Positioning It Second After Nvidia
1 week ago /
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Author：小编
Alphabet's market valuation has eclipsed that of Apple, securing its spot as the world's second-most valuable company and underscoring its prominent stance in the artificial intelligence sector. On Wednesday, Alphabet's share price climbed by 2.4%, pushing its market capitalization to $3.89 trillion and surpassing Apple's $3.85 trillion. Apple's share price has experienced a six-day losing streak, with an aggregate drop of almost 5%, resulting in a loss of nearly $200 billion in market value. On Thursday, Apple's opening share price dipped further by 1.2%, whereas Alphabet's rose by 1.1%, thereby widening the valuation gap even more.
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