The Race to $5 Trillion: Who Will Get There First, Apple or Alphabet?
Apple and Alphabet were both close to reaching it a few months ago.
Overview
Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) have never ended the day in the $5 trillion market cap club. The only company to ever achieve that feat is Nvidia (NASDAQ: NVDA), and it's likely to stay there for good. But which one of these two will join Nvidia first?
Apple has a head start, with a $4.4 trillion market value versus Alphabet's $4.2 trillion (as of Aug. 12). But is that enough to hold off a rapidly rising challenger? Let's take a look.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
- Bill Ackman once exited Netflix stake in a huff. Why he’s buying the streaming giant again as well as these five stocks.
- If the Fed's Next Move Shakes Up the Market, History Says Investments in This 1 Type of Stock Usually Hold Up Best During Times of Volatility
- Billionaire Ray Dalio Says He Has 1% of His Portfolio in Bitcoin. Is It Time to Rethink Your Bitcoin Allocation?
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.