Google parent Alphabet has surpassed the $3 trillion market cap for the first time on Monday, September 15th.
It has now joined Apple, Microsoft and Nvidia in touching the $3 trillion market cap.
The stock jumped more than 4%, closing at about $252 on Monday. The stock has surged more than 32% on YTD basis. Meanwhile, S&P 500 has risen only 12.5%.
The recent jump in the share was related to increased expectations of US Federal Reserve reducing interest rates later this week. Because of this expectation, the majority of Technology and AI-related stocks were positive.
Other than that, Google parent company received some good news from U.S. District court. U.S. District Judge Amit Mehta has delivered the verdict against antitrust that granted permission to Goolge to maintain control over Chrome browser and Android operating system.
Google was threatened by numerous parties on monopolizing on different platforms in an unlawful way.
Alphabet's path to $3 trillion has not been a particularly easy task. It has continuously grown and the explosion in Artificial Intelligence has fueled the growth. One of such reasons is Gemini AI model. The multimodal AI platform has facilitated Google's entire product ecosystem, including search, advertising, cloud services and others.
As per sqmagazine, Gemini AI has penetrated the market in a huge manner with 82 million active monthly users in Q2 2025. The platform has reached 24% market share out of total global AI tools and has been providing stiff competition to other platforms such as Claude.
Besides AI boom, Google Cloud has also been an powerhouse revenue generator. During the second quarter of 2025, Google Cloud has recorded a revenue of $13.6 billion, up 32% from year-over-year basis. It has also outrun the Wall Street estimates.
A major reason for this boom goes to AI related services such as AI model training and application processing.
Alphabet's CEO Sundar Pichai also highlights the importance of this milestone. He reported that Google Cloud inked the same number of deals worth more than $1 billion in the first half of 2025 as it had done in all of 2024.
Behind Alphabet's market capitalization reaching $3 trillion, there lies a solid financial performance of the firm. In Q2 2025, the firm has posted consolidated revenue of $96.4 billion, increasing by 14% year-over-year basis. Further, Alphabet's net income increased 19% to $28.2 billion.
Alphabet's EPS rose 22% to $2.31, showing the firm's capability of scaling profitability and keeping investors content.
