Google parent company Alphabet is racing toward a $4 trillion valuation as AI-powered profits accelerate

Alphabet closed on a $4 trillion valuation on Monday and would become only the fourth company to join the exclusive club, while Google’s parent company is enjoying an artificial intelligence-powered rally.The company’s shares rose more than 5% to hit an all-time high of $315.9, giving it a market cap of $3.82 trillion. The stock is […]