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Artificial intelligence: Google crosses the $2 trillion threshold on Wall Street

15/04/2024
Source : ORISHAS-FINANCE
Categories: Companies

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In session last Friday, the house of Google crossed the $2 trillion threshold on Wall Street.

Google joins Microsoft, Apple and NVidia in the very exclusive club of companies valued at more than 2,000 billion dollars on the stock market. At the end of the day on Friday, the stock lost 1% just below this symbolic threshold. Google's parent company had also already briefly crossed this threshold in November 2021 during a session in November 2021, barely 21 months after reaching $1 trillion, before being weakened by the sudden rise in Fed rates

.

In reality, the arrival of generative artificial intelligence (AI) to the forefront has changed the situation. The powerful surge of generative AI on the stock market has already brought Microsoft style="font-family: "Bookman Old Style”, "serif" > to more than 3,000 billion dollars and

NVidia at over 2,000 billion.
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