According to Business Insider, at the end of yesterday’s regular trading session, Microsoft had a market cap of $753 billion, while Alphabet ended the day at $739 billion.
This trading has now pushed Alphabet to the number four spot, with Apple at Number 1 and Amazon at the Number 2 spot. These four tech giants are in the race to become “the first US company ever to land a dizzying trillion dollar market cap.”
Microsoft (blue line) has outperformed Alphabet (red line) in recent months
Source: Yahoo Finance
Over the years Alphabet and Microsoft have repeatedly switched places in market cap ranks. But since 2015, after Google restructured into the Alphabet umbrella company, Alphabet has enjoyed a comfortable lead, according to CNBC.
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