23-07-2018 22:27 via feedproxy.google.com

Google joins the race to $1 trillion

Googlewas already worth more than $800 billion and, while well short of Apple, is now jumping into that batch of companies that are on their way to being a $1 trillion company.
Alphabet, Google’s parent company, substantially outperformed market expectations in its second quarter by bringing in $32.66 billion. That’s a 26 percent increase year-over-year, and, perhaps more significantly, it’s a faster rate of increase than it saw in the same quarter last year. The company’
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