Overview
  • Google parent company Alphabet saw its market capitalization surpass Apple’s for the first time since 2019.
  • Alphabet’s market cap closed at $3.88 trillion on Wednesday, while Apple’s market cap closed Wednesday at $3.84 trillion
  • The positional inversion in market cap underscores the different directions that Alphabet and Apple are heading in when it comes to their respective strategies for artificial intelligence.

Google parent company Alphabet saw its market capitalization surpass Apple’s for the first time since 2019.

Alphabet’s market cap closed at $3.88 trillion on Wednesday. Shares of Alphabet rose more than 2% on Wednesday, closing at $322.03. Meanwhile, Apple’s market cap closed Wednesday at $3.84 trillion as shares slid more than 4% over the last five days.

Source: https://www.cnbc.com/2026/01/07/alphabets-market-cap-surpasses-apples-for-first-time-since-2019.html