By Blake Montgomery
Publication Date: 2026-01-12 17:14:00
Google’s parent company reached a major financial milestone on Monday, reaching a $4 trillion valuation for the first time and overtaking Apple to become the world’s second most valuable company.
Alphabet is the fourth company to reach the $4 trillion mark, following Nvidia, which later reached $5 trillion, Microsoft and Apple.
The stock price surge came after Apple announced it had chosen Google’s Gemini AI model to carry out a major overhaul of the iPhone maker’s Siri digital assistant, which is installed in every iPhone. Neither company disclosed how much the deal was worth.
“After careful evaluation, we determined that Google’s technology provides the most powerful foundation for Apple Foundation Models,” Apple said in a statement to CNBC.
While tech stocks have continued their meteoric rise for years, fears of a bubble in the stock market persist. However, this also applies to Wall Street’s enthusiasm for new investment opportunities in the field of AI. Alphabet’s milestones signal a notable shift in investor sentiment…