New York (CNN Business)The exclusive $1 trillion club on Wall Street just got a new member. Shares of Google parent company Alphabet hit a new all-time high Thursday, pushing the company’s market value to $1 trillion in the process.
Alphabet (GOOGL) joins Apple (AAPL) and Microsoft (MSFT) as companies worth at least $1 trillion. Apple is the most valuable company in the United States, with a market value of nearly $1.4 trillion. Microsoft is worth almost $1.3 trillion.
This is the first time that three American companies are worth at least $1 trillion at the same time.
The most valuable company on the planet, oil giant Saudi Aramco, went public last month at a valuation of $2 trillion and is currently worth around $1.8 trillion.
Amazon (AMZN), which is now valued at about $930 billion, was the second US firm to ever hit the $1 trillion level back in September 2018. But at that time, Apple was the only other company with a market valuation in excess of $1 trillion.
Google CEO Sundar Pichai gets a big pay raise as CEO of Alphabet
Shares of Alphabet are off to a red hot start this year, surging more than 8% already in 2020.
The rest of the tech sector — as well as the broader market — is soaring too thanks to optimism about the phase one trade deal between the United States and China and solid fourth quarter earnings from many big banks.
The Dow, S&P 500 and Nasdaq all closed at record highs on Thursday.
FAQs
Frequently Asked Questions
What is a Premium Domain Name? A premium domain name is the digital equivalent of prime real estate. It’s a short, catchy, and highly desirable web address that can significantly boost your brand's impact. These exclusive domains are already owned but available for purchase, offering you a shortcut to a powerful online presence. Why Choose a Premium Domain? Instant Brand Boost: Premium domains are like instant credibility boosters. They command attention, inspire trust, and make your business look established from day one. Memorable and Magnetic: Short, sweet, and unforgettable - these domains stick in people's minds. This means more visitors, better recall, and ultimately, more business. Outshine the Competition: In a crowded digital world, a premium domain is your secret weapon. Stand out, get noticed, and leave a lasting impression. Smart Investment: Premium domains often appreciate in value, just like a well-chosen piece of property. Own a piece of the digital world that could pay dividends. What Sets Premium Domains Apart? Unlike ordinary domain names, premium domains are carefully crafted to be exceptional. They are shorter, more memorable, and often include valuable keywords. Plus, they often come with a built-in advantage: established online presence and search engine visibility. How Much Does a Premium Domain Cost? The price tag for a premium domain depends on its desirability. While they cost more than standard domains, the investment can be game-changing. Think of it as an upfront cost for a long-term return. BrandBucket offers transparent pricing, so you know exactly what you're getting. Premium Domains: Worth the Investment? Absolutely! A premium domain is more than just a website address; it's a strategic asset. By choosing the right premium domain, you're investing in your brand's future and setting yourself up for long-term success. What Are the Costs Associated with a Premium Domain? While the initial purchase price of a premium domain is typically higher than a standard domain, the annual renewal fees are usually the same. Additionally, you may incur transfer fees if you decide to sell or move the domain to a different registrar. Can I Negotiate the Price of a Premium Domain?
In some cases, it may be possible to negotiate the price of a premium domain. However, the success of negotiations depends on factors such as the domain's demand, the seller's willingness to negotiate, and the overall market conditions. At BrandBucket, we offer transparent, upfront pricing, but if you see a name that you like and wish to discuss price, please reach out to our sales team.
How Do I Transfer a Premium Domain?
Transferring a premium domain involves a few steps, including unlocking the domain, obtaining an authorization code from the current registrar, and initiating the transfer with the new registrar. Many domain name marketplaces, including BrandBucket, offer assistance with the transfer process.
