Alphabet is the most valuable public company in the world after surpassing rival Apple on Tuesday.
"Alphabet has a market cap of $547.1 billion, higher than Apple's $529.3 billion as of 9:45 a.m. ET,"
CNBC reported.
In after-hours trading the night before, Alphabet hit $570 billion, out-maneuvering Apple's roughly $535 billion.
"This makes Alphabet an even stronger bellwether for investors to watch," Scott Fullman, chief strategist at Revere Securities Corp, said Monday,
according to Reuters.
"The company has been tracking very well given the volatility in the market, dominated by falling energy prices and weakness from China."
Google, which became a subsidiary of holding company Alphabet last year, was once more valuable than Apple six years ago, in February 2010. Back then, each company was worth less than $200 billion.
As recently as early 2015, Apple was worth more than $760 billion.
Since 1928, Alphabet is the twelfth company to be recognized as the largest U.S. name to be publically traded. Past names include General Electric, General Motors, and IBM.
As of late, many investors have worried that Apple has become too dependent on revenue from the iPhone, which accounts for two-thirds of its total. Meanwhile, Google is still far outpacing Facebook in its dominance over the mobile ad market.
© 2026 Newsmax. All rights reserved.