Google exceeds 1000 billion in value, it is the fourth US company

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Google records. Alphabet, the holding company that owns the search engine, becomes the fourth American company to reach $ 1,000 billion in market capitalization. And join the super exclusive club which includes Apple, Amazon and Microsoft. The rise of Google is yet another confirmation of the growing weight of Silicon Valley in the world economy: despite the tightening of the authorities on privacy and on the antitrust front, the hi-tech giants continue to run in a context of weak global growth and low interest rates.

Google breaks through the historic 1,000 billion mark as it faces some of its biggest challenges. Its founders Larry Page and Sergey Brin, whose love of math and carelessness for Wall Street have long been the free spirit of Google, recently announced their farewell to their executive roles.

The helm of Alphabet has passed to Sundar Pichai, Google's CEO since 2015, who took over the reins of the giant. A change that has pleased investors, convinced that Pichai can increase buybacks and further support the title with the containment of expenses and with other initiatives, such as the institution of the payment of a dividend for the first time in the company's history. A radical change of soul for the search engine, which recently ended up at the center of criticism by its employees for the management of the internal harassment charges against the company and for the attempts to stop an internal trade union organization. authorities, Google continued its run.

Landed on Wall Street in 2004, it reached $ 1,000 billion in value in a shorter period of time than other tech giants. In fact, Apple and Microsoft went public in the 1980s and exceeded 1,000 billion in the summer of 2018 and April last year respectively. Amazon landed on Wall Street in 1997 and reached 1,000 billion in 2008.