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    Alphabet market cap crosses $3 trillion! Shares hit record highs; cloud growth and AI bets lift sentiment

    9 hours ago

    Alphabet's market value has surpassed $3 trillion. This milestone follows gains in share value. Optimism surrounding artificial intelligence is a factor. A US judge allowed Alphabet to retain control of Chrome and Android. This is a pivotal ruling. Cloud revenue jumped 32% year-on-year in the second quarter. Investments in custom chips and Gemini AI model supported the gains.
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