With a market cap of $2.1 trillion, Mountain View, California-based Alphabet Inc. (GOOGL) has evolved beyond its roots as a search engine provider into cloud computing, digital advertising, autonomous vehicles, and healthcare. The company dominates the online search market, with over 94% market share, while also expanding its presence in cloud services through Google Cloud and Google Workspace.
Companies valued over $200 billion are generally considered “mega-cap” stocks and Alphabet fits this criterion perfectly, exceeding the mark. Alphabet is a holding company that operates through Google, encompassing core internet services, and Other Bets, which includes innovative ventures like Waymo, Verily, and X.
